2022 Senate Bill 1161

Earmark state tax revenue to share with local governments

Introduced in the Senate

Sept. 7, 2022

Introduced by Sen. Wayne Schmidt (R-37)

To earmark 10% of the first 4-cents per dollar of sales tax collections (currently levied at a total rate of 6-cents per dollar) to the segregated state account proposed by Senate Bill 1159, dubbed the “revenue sharing trust fund,” which would be distributed to local governments.

Referred to the Committee on Appropriations