Staff Analysis of the Legislation
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05.14.2014 The House Ways and Means committee gave this bill a favorable report as amended by the subcommittee.
05.7.2014 The House Ways and Means Property Tax subcommittee gave this bill a favorable report with an amendment. The amendment allows counties that do not collect at least $7 million in state accommodation tax and that have more than one school district to meet the qualification for the Education Capital Improvement Sales Tax. The county must provide 10 percent of the revenue of the tax toward property tax relief.
02.04.2014 The Senate Finance committee gave this bill a favorable report.
01.23.2014 The Senate Finance Sales and Income Taxation subcommittee gave this bill a favorabler report with an amendment. The amendment increases the cap from two to three cents.
Summary of the bill as introduced: Allows a county that does not collect $7 million in accommodations tax to impose the education capital improvements sales and use tax as long as no portion of the county area is subject to more than two percent sales tax. |
