Modifies meals and rooms tax to include highway tolls and adjust tax rates.
Amends the tax on meals and rooms to include separately stated charges for highway tolls electronically billed to the owner of the motor vehicle. Imposes an 8.5 percent tax on taxable meals and gross rental receipts, with cents or fractions of cents rounded up to the next whole nickel. The tax revenue will be deposited in the education trust fund. This act takes effect July 1, 2027.
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