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Senate Bill 0254


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
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