SB 0005 | Raises the sales tax by 1/2 percent and then phases it out over three years |
Sponsor: | Childers | Co-Sponsor(s) | ||
LR Number: | 2344S.01I | Fiscal Note: | 2334-01 | |
Committee: | Ways and Means | |||
Last Action: | 09/11/03 - Motion to report bill Do Pass Failed S Ways & Means | Journal page: | ||
Committee | ||||
Title: | ||||
Effective Date: | Referendum | |||
SB 5 - This act increases the sales tax by 1/2% for one
year, then lowers the increase to 1/4% for one year, then lowers
the increase to 1/8% for one year, and finally returns the sales
tax rate to the current levy.
JEFF CRAVER