HB2194 — 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.

HB2194 — 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 CitizenryThe bill establishes a State Value Added Tax (VAT) and local VATs, while also addressing school finance reform. Under the new state VAT system, a tax is imposed on every person who supplies any se…Open in Informed Citizenry