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SB 0490 -	Local Option Sales Tax - Second Penny for Certain Consolidated Governments
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Tracking Level:

Evaluating

Sponsor:

David Lucas (D)

Last Action:

3/19/2018 - Senate Read and Referred

Senate Committee:

Finance

Assigned To:

Larry Ramsey	Next Bill
Sales Tax-Local	Next Bill

Staff Analysis of the Legislation
This bill seeks to allow a consolidated government that has a base year assessed value homestead exemption in effect to raise its LOST levy from 1 percent to 2 percent with one-half of the proceeds from the additional 1 percent going to the county general fund.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text