|
SB 405 - Under current law, county collectors must collect a specified amount of fees for collecting local taxes. In counties where the total amount levied in a year is between $350,000 and $2 million, the fee is 2.5 percent on the first $350,000 collected and 1 percent on the rest. In counties where the total amount levied exceeds $2 million, the fee is 1 percent on all amounts collected. This act raises the outer threshold amount for a county to be eligible to collect the 2.5 percent on the first $350,000 to $3 million. MEGHAN LUECKE
|
