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Senate Bill 0254


 

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Senate Bill 0254

ARCHIVE (2004)

Latest Information

 
DIGEST OF INTRODUCED BILL

CAGIT and COIT increases for property tax relief. Allows a county to impose up to an additional 1% county adjusted gross income tax (CAGIT) rate or county option income tax (COIT) rate. Provides that the additional CAGIT or COIT rate must be allocated to additional property tax replacement credits.
    Current Status:
     In Committee - first House
    >Latest Printing > (PDF)