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Senate advances bill to codify local government sales-tax distribution formula after narrow debates and rules challenge
Summary
House Bill 107, which would codify a formula for city, town and county shares of sales tax revenues (commonly called the Madden formula), passed the Committee of the Whole after senators debated percentage levels, the effects in downturns, and a Committee of the Whole amendment that was ruled out of order by the Rules Committee.
House Bill 107, a measure to codify local government distributions of sales and use tax receipts, won a favorable recommendation from the Committee of the Whole after extended debate on formula percentages and the risks of entrenching a statutory distribution.
Sponsors described HB107 as the long-standing Madden formula made statutory and explained the amendment moving the…
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