Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 960 proposes the repeal of school district maintenance and operations property taxes and introduces a state and local value-added tax (VAT) system. The VAT will replace traditional property taxes for funding public schools and other local functions. The bill sets the VAT rate at 6.72% for the state and allows local jurisdictions to impose a VAT with a combined rate not exceeding 2%. The bill includes detailed guidelines for exemptions, tax administration, and the transition to this new system, which is intended to take effect by January 1, 2030.
Author (1)
Co-Author (5)
Contact the Author
Rep. Steve Toth
Capitol Phone:
(512) 463-0797
Capitol Office:
EXT E1.404
E-Mail:
