HB 575: Education Funding Tax Reform
GENERAL BILL by Costello ; Rehwinkel Vasilinda
Education Funding Tax Reform; Replaces revenue from required local effort education property tax with revenue from education sales & use tax; provides for levy of education sales & use tax; specifies tax rate & use of proceeds; exempts retail sale of certain used tangible personal property from sales & use tax; directs DOR to petition for state's full membership in Streamlined Sales & Use Tax Agreement.
Effective Date: 7/1/2016
Last Action: 3/11/2016 House - Died in Finance and Tax Committee
Bill Text: PDF
Last Action: 3/11/2016 House - Died in Finance and Tax Committee
Bill Text: PDF
Bill History
Date | Chamber | Action |
---|---|---|
11/4/2015 | House |
• Filed |
11/16/2015 | House |
• Referred to Finance and Tax Committee; Education Appropriations Subcommittee; Appropriations Committee -HJ 50 |
1/12/2016 | House |
• Introduced -HJ 49 |
3/11/2016 | House |
• Died in Finance and Tax Committee |