File Code: Sales and Use
- Sponsored By:
-
Senator McFadden
- Entitled:
-
Sales and Use Tax - Additional State Funding for Education
Increasing the sales and use tax rate from 5% to 5.5%; requiring the
Comptroller to distribute one-eleventh of the net sales and use tax
revenues to a special fund to be used to provide additional State
funding for primary and secondary education in the State; requiring
the State to distribute for each fiscal year specified supplemental
aid for education to each county school board and the Mayor and City
Council of Baltimore City and specified targeted aid for education to
jurisdictions meeting specified eligibility requirements; etc.
Senate Action
- 1/31
- First Reading Budget and Taxation
- 2/12
- Hearing 3/4 at 4:00 p.m.
- 3/17
- Withdrawn
House Action
- No Action
- Bill indexed under the following Subjects:
- COMPTROLLER
- COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES
- PUBLIC SCHOOLS
- SALES AND USE TAX
- STATE AID -see also- WELFARE
- Bill affects the following Statutes:
- Education
- (
5-202
)
- Tax - General
- (
2-1303 ,
11-104
)
- Bill Text:
- First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
