- Introduced -

SB 1281 - This act increases the income 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.

The act has a referendum clause for November 2004, and an effective date of January 1, 2005, if approved by the voters.

JEFF CRAVER