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DIGEST OF INTRODUCED BILL
Administration of county income taxes. Provides that county income tax revenue deposited in a county's account within the state general fund is held by the state in trust for the county. Requires the department of state revenue to record and track the amount of county income tax that is received from county taxpayers (either through withholding or directly from a county taxpayer) of each county for a particular taxable year. Provides that in January of each year, the budget agency shall make a supplemental distribution of county income tax revenue to a county. Specifies that the amount of the supplemental distribution is equal to the amount of county income tax revenue that is received from county taxpayers for a taxable year but that was not included in a certified distribution previously made to the county for that taxable year.