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SB 0216 - Equalized Homestead Option Sales Tax - Change Certain Provisions regarding Funds for New Cities
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Tracking Level: Evaluating
Sponsor: Steve Henson
Last Action: 3/30/2017 - House Passed/Adopted By Substitute
Senate Committee: Finance
House Committee: Ways & Means
Assigned To:
Larry RamseyNext Bill
Property TaxNext Bill
Sales Tax-LocalNext Bill

Staff Analysis of the Legislation

This bill changes equalized HOST by eliminating a provision that requires distribution of proceeds to a county when a new municipality does not maintain roads. As amended by the House, the above provisions were removed and replaced with language from several other bills: HB 181 (sales tax information for local governments), HB 93 (interest on sales tax refunds and direct payment of sales tax by certain purchasers), and HB 59 (income tax credits for historic structure rehabilitation).

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






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