HOUSE BILL 1094

File Code: Taxes - Sales and Use

Sponsored By:

Delegates Mitchell, Owings, Wood, and Rawlings

Entitled:

Sales and Use Tax - Rate - Education Trust Fund

Synopsis:

Increasing the sales and use tax from 5% to 6%; creating an Education Trust Fund; requiring the Comptroller to distribute 8.3% of the sales and use tax revenue to the Education Trust Fund and 8.3% of the sales and use tax revenues to the Transportation Trust Fund; authorizing the use of money from the Education Trust Fund for specified educational purposes; providing for the termination of the Act; etc.

History by Legislative Date

House Action

2/24

First Reading House Rules and Executive Nominations

2/28

Re-referred Ways and Means

Hearing 3/4 at 1:00 p.m.

Senate Action

No Action

Sponsored by:

Delegate Van T. Mitchell, District 28

Delegate George W. Owings, III, District 27B

Delegate Howard P. Rawlings, District 40

Delegate John F. Wood, Jr., District 29A

Bill indexed under the following Subjects:

COMPTROLLER

EDUCATION -see also- DRIVER ED; HIGHER ED; SPECIAL ED; etc

PUBLIC SCHOOLS

SALES AND USE TAX

SUNSET

TRANSPORTATION -see also- AIRCRAFT; AIRPORTS; BOATS; etc

Bill affects the following Statutes:

Education

( 5-201.1 )

Tax - General

( 2-1303 , 2-1303 , 11-104 , 11-301 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered