SB 0003 Raises the sales tax by 1/2% and then phases it out over three years
Sponsor:Childers
LR Number:2288S.01I Fiscal Note:2288-01
Committee:Ways and Means
Last Action:06/11/03 - Hearing Conducted S Ways & Means Committee Journal page:
Title:
Effective Date:Voter Approval
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Current Bill Summary

SB 3 - This act increases the sales tax by 1/2% for one year, then lowers the increase to 1/4% for one year, then lowers the increase to 1/8% for one year, and finally returns the sales tax rate to the current levy.
JEFF CRAVER