Municipal Tax Relief Act allows certain municipalities to impose a sales and use tax for property tax relief and project funding.

The Municipal Tax Relief Act allows municipalities in qualifying counties to impose a sales and use tax up to one percent, subject to a referendum. The tax must be used to provide property tax relief and fund specific projects. At least 20% of the tax revenue must be used for a credit against municipal ad valorem tax liability. The tax is imposed for a limited time, not exceeding eight years. The act outlines the process for conducting the referendum, collecting and distributing the tax revenue, and administering the tax.

Municipal Tax Relief Act allows certain municipalities to impose a sales and use tax for property tax relief and project funding.

The Municipal Tax Relief Act allows municipalities in qualifying counties to impose a sales and use tax up to one percent, subject to a referendum. The tax must be used to provide property tax relief and fund specific projects. At least 20% of the tax revenue must be used for a credit against municipal ad valorem tax liability. The tax is imposed for a limited time, not exceeding eight years. The act outlines the process for conducting the referendum, collecting and distributing the tax revenue, and administering the tax.