HB3427 — Relating to an increase in the state sales and use tax rate for the purpose of reducing school district maintenance and operations ad valorem taxes; increasing the rate of a tax.

HB3427 — Relating to an increase in the state sales and use tax rate for the purpose of reducing school district maintenance and operations ad valorem taxes; increasing the rate of a tax. · Informed CitizenryHB 3427 proposes to increase the state sales and use tax rate to 6.5 percent of the sales price of a taxable item. The bill specifies that revenue generated from the portion of the tax rate exceedi…Open in Informed Citizenry