SB195 makes permanent a tax rate reduction that was previously set to expire on June 30, 2027. The bill repeals the sunset clause that would have ended reductions in gross receipts and use tax rates, keeping those lower tax rates in effect indefinitely instead of reverting to the previous rates.
AI-generated summary
This bill does not directly amend codified state law.
Senate Reconsidered Failed, YEAS 16, NAYS 17. S.J. 295
Senate Intent to reconsider S.J. 280
Senate Do Pass Failed, YEAS 17, NAYS 17. S.J. 280
Senate Deferred to another day S.J. 259
Senate Deferred to another day S.J. 222
Committee on Appropriations Do Pass Passed, YEAS 6, NAYS 3. S.J. 1
Committee on Appropriations Scheduled for hearing S.J. 1
First read in Senate and referred to Senate Committee on Appropriations S.J. 139
Prime sponsor · Sen
R
Dist. SD-011
Prime sponsor · Rep
R
Dist. HD-025
cosponsor · Rep
R
Dist. HD-003
cosponsor · Sen
R
Dist. SD-003
cosponsor · Rep
R
Dist. HD-020
cosponsor · Rep
R
Dist. HD-016
cosponsor · Sen
R
Dist. SD-021
Reconsidered
Do Pass
Do Pass
Do Pass