Allows certain cities to impose a sales tax for public safety improvements.
This bill allows specific cities to impose a sales tax of up to one-half of one percent on retail sales to improve public safety. The revenue must be deposited in a special trust fund and used solely for public safety improvements. The tax requires voter approval and cannot replace existing city budgets. The Director of the Department of Revenue manages the fund and distributes collected funds to the respective cities monthly.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.