HB 1488 | Removes the sunset provision on sales tax for mass public transportation |
HB 1488 - Current law states that a sales tax of up to 0.5% may be imposed on tangible personal property or taxable retail services in Kansas City. Of the revenues received from this sales tax, 7.5% must be distributed to the Interstate Transportation Authority. The remaining 92.5% is deposited into the Public Mass Transportation Sales Tax Trust Fund.
This current law will expire on December 31, 2003. This act
removes the expiration date.
JEFF CRAVER