HB656 — TAX/SALES & USE: Repeals the reduction in the state sales and use tax rate and dedicates a portion of the avails of the state sales tax to fund teacher pay raises (EG -$276,800,000 GF RV See Note)

HB656 — TAX/SALES & USE: Repeals the reduction in the state sales and use tax rate and dedicates a portion of the avails of the state sales tax to fund teacher pay raises (EG -$276,800,000 GF RV See Note) · Informed CitizenryThe bill establishes the Teacher Compensation Fund as a special fund within the state treasury, with monies invested similarly to the state general fund and interest earned deposited back into it.…Open in Informed Citizenry