Extends Montgomery County's authorization to impose additional sales and compensating use taxes until November 30, 2027.
The bill amends the tax law to extend the authorization for Montgomery County to impose an additional one percent sales and compensating use taxes. This extension allows the county to continue collecting these taxes at a rate one percent higher than the standard three percent rate, which was initially authorized in 2003. The extended authorization will now remain in effect until November 30, 2027.
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