Madison County can impose an additional 1% sales and compensating use tax for two years.

This bill amends the tax law to extend Madison County's authority to impose an additional 1% sales and compensating use tax, on top of the existing 3% rate. This additional tax is authorized from June 1, 2024, through November 30, 2027. The bill takes effect immediately upon enactment.

Madison County can impose an additional 1% sales and compensating use tax for two years.

This bill amends the tax law to extend Madison County's authority to impose an additional 1% sales and compensating use tax, on top of the existing 3% rate. This additional tax is authorized from June 1, 2024, through November 30, 2027. The bill takes effect immediately upon enactment.