Posts Tagged ‘local sales and use tax’

Local Sales and Use Tax Changes and New State Revenue Sharing Requirement

Monday, October 26th, 2015

There was a lot of buzz around sales tax reform during the past legislative session. Several different proposals were introduced, ranging from changing the allocation methods of existing local sales taxes to converting local sales taxes to state taxes. Many of the efforts were aimed at providing increased resources to rural areas in the state; […]

Local Sales and Use Tax Distributions: Where Does the Money Go?

Monday, January 30th, 2012

UPDATE DECEMBER 2015: During the 2015 legislative session, the General Assembly made changes to local sales and use tax allocations. The effective date of the changes is July 1, 2016. For more information on those changes, click here. Note that the changes are not reflected in the post below. True or False: Counties and municipalities […]

New(er) County Revenue Sources – Local Land Transfer Tax and Local Sales and Use Tax

Thursday, June 3rd, 2010

UPDATE August 2013: The authority to levy the local land transfer tax discussed in this post was repealed by the General Assembly in 2011. The legislature also made changes to the effective date of a new Article 46 local sales and use tax. The Article 46 tax becomes effective on the “first day of a […]

Impending Local Sales and Use Tax Changes: The Final Phase of Medicaid Funding Reform Legislation

Monday, August 31st, 2009

The General Assembly enacted Medicaid funding reform legislation in 2007. The cornerstone of the legislation was the state assuming the counties’ Medicaid costs, but it contained several other provisions that impact counties, municipalities, and local school administrative units—including the repeal of a one-half cent local sales and use tax and the change in allocation method […]