HB358 — Relating to supporting public education funding through an increase in the state sales and use tax rate and requiring a reduction in school district maintenance and operation ad valorem taxes; making an appropriation; increasing the rate of a tax.

HB358 — Relating to supporting public education funding through an increase in the state sales and use tax rate and requiring a reduction in school district maintenance and operation ad valorem taxes; making an appropriation; increasing the rate of a tax. · Informed CitizenryHB 358 proposes to increase the state sales and use tax rate to 7.25 percent. The bill directs the comptroller to deposit revenue from the portion of the sales tax exceeding 6.25 percent into the g…Open in Informed Citizenry