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Lawmakers probe local-option taxes as pilot special fund grows after 2022 revenue spike
Summary
Joint Fiscal Office staff briefed the Senate Transportation committee on local-option tax mechanics and the pilot special fund, noting a post‑pandemic surge in consumption tax receipts, recent split changes (now 75/25 town/pilot), aviation-fuel treatment exceptions, and FY26 pilot payment and appropriation details.
Joint Fiscal Office staff gave the Senate Transportation committee a primer on local-option taxes and the pilot special fund, explaining how municipalities may levy a 1% local-option tax (on sales, meals and rooms or combinations) and how the Department of Taxes administers collections and apportions revenue.
Presenters told the committee the local-option tax revenue picture changed substantially after 2021: consumption-tax receipts rose in fiscal 2021–22 (sales and use up 17.4% between fiscal 2020 and 2021, then 7.4% between 2021 and 2022 in the consensus forecast cited) and more municipalities adopted local-option levies. The presenter said the revenue split was…
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