Provides for the tax base for the state sales and use tax (Items #9 and 36) (EGF +$573,700,000 GF RV See Note)
To provide with respect to the applicability of certain exclusions and exemptions from state sales and use taxes (EN +$272,300,000 GF RV See Note)
Decreases the state sales and use tax rate and repeals exclusions and exemptions from state sales and use tax (OR SEE FISC NOTE GF RV)
Impose a one cent sales and use tax (Item #9) (EN +$880,600,000 GF RV See Note)
To establish a framework upon which to repeal the property tax on business inventories and offshore vessels as well as the state income tax credits associated therewith through the repeal of a state sales and use tax, the levy of a limited, temporary state sales and use tax, and limitations on the applicability of certain exclusions and exemptions from certain state sales and use taxes (Items #31 and 36) (OR SEE FISC NOTE GF RV)
Dedicates the avails of the existing one percent state sales and use tax to the Stability in Higher Education Fund and provides with respect to the extent of that tax base for purposes of monies available for deposit into the fund (Items #7 and 36) (EG SEE FISC NOTE GF RV See Note)
Provides for the taxability of the sale, use, consumption, distribution, or storage of tangible personal property and the sale of services
Dedicates the avails of the existing one percent state sales and use tax for the support of public elementary through post-secondary education (EG +$231,000,000 GF RV See Note)