Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 92 eliminates school district M&O property taxes by 2030 and replaces them with a state-level 6.72% value added tax (VAT), alongside optional local and school district VATs (with school districts capped at 0.5%). It overhauls school finance funding and repeals a wide range of existing state and local taxes, contingent upon constitutional approval.
Author (1)
Steve Toth
Contact the Author
Rep. Steve Toth
Capitol Phone:
(512) 463-0797
Capitol Office:
EXT E1.404
E-Mail:
