Senate committee backs SSUT change to count annexed populations sooner
The Senate Tax and Finance Committee gave SB107 a favorable report to let state sales-and-use tax (SSUT) shares reflect population annexations on a five-year rather than ten-year census look, aiming to speed local revenue recognition when cities annex large populations.
The full story
The Senate Tax and Finance Committee voted to give SB107 a favorable report after discussion on how to recognize population changes from municipal annexations for distribution of the state sales-and-use tax (SSUT).
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