Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 2428 modifies the Tax Code by adjusting reimbursements for taxpayers collecting sales and use taxes. It introduces a higher reimbursement rate for taxes collected from credit card sales, capped at $10 million per quarter. It also allows taxpayers to contribute a portion of their reimbursement to an education grant program and adjusts the prepayment discount structure for certain taxpayers.
Author (3)