HB41 — Relating to the repeal of or limitations on certain state and local taxes, including school district maintenance and operations ad valorem taxes, the enactment of state and local value added taxes, and related school finance reform; imposing taxes.

HB41 — Relating to the repeal of or limitations on certain state and local taxes, including school district maintenance and operations ad valorem taxes, the enactment of state and local value added taxes, and related school finance reform; imposing taxes. · Informed CitizenryHB41 proposes a significant overhaul of the state's tax system and school finance structure. It establishes a state value-added tax (VAT) at a rate of 6.72% on the supply of services or property in…Open in Informed Citizenry