| SB 0927 | Reduces State Sales/Use Tax Rate By 1/8%; Elderly Dependent |
| Sponsor: | WIGGINS | ||
| LR Number: | S3501.01I | Fiscal Note: | 3501-01 |
| Committee: | Ways and Means | ||
| Last Action: | 02/29/96 - Bill Combined w/SCS SBs 817 & 927 | ||
| Title: | SCS SBs 817 & 927 | ||
| Effective Date: | August 28, 1996 | ||
SB 927 - This act grants an additional $1,600 dependency exemption ($2,000 total) for dependents age 65 or over who do not reside in a facility qualified to receive federal or state funding.
This act also lowers the state sales and use tax rate by 1/8% (4.225% to 4.1%).
This act contains provisions similar to SB 311 (1995), SB
817 (1996) and HB 1172 (1996).
TOM CRAWFORD