Bill

Bill > S1219


ID S1219

ID S1219
Relates to the appropriation to the State Tax Commission for fiscal year 2026.


summary

Introduced
04/03/2025
In Committee
04/04/2025
Crossed Over
04/03/2025
Passed
04/04/2025
Dead
Signed/Enacted/Adopted
04/14/2025

Introduced Session

2025 Regular Session

Bill Summary

RELATING TO FUNDING FOR THE STATE TAX COMMISSION FOR FISCAL YEAR 2026; AP- PROPRIATING ADDITIONAL MONEYS TO THE STATE TAX COMMISSION FOR FISCAL YEAR 2026; AUTHORIZING ADDITIONAL FULL-TIME EQUIVALENT POSITIONS; PROVIDING LEGISLATIVE INTENT FOR ADDITIONAL POSITIONS; PROVIDING FOR TAX CREDIT ADMINISTRATION; PROVIDING CONDITIONS, LIMITATIONS, AND RE- STRICTIONS; AND DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE.

AI Summary

This bill appropriates a total of $1,789,500 to the State Tax Commission for fiscal year 2026 to cover personnel, operating expenditures, and capital outlay. * **General Services:** $968,400 from the General Fund, $59,700 from the Multistate Tax Compact Fund, $48,400 from the Administration and Accounting Fund, $121,700 from the Administration Services for Transportation Fund, and $165,000 from the Seminars and Publications Fund. * **Audit Division:** $126,700 from the General Fund and $2,300 from the Multistate Tax Compact Fund, plus $13,200 from the Administration Services for Transportation Fund. * **Compliance Division:** $110,400 from the General Fund, plus $2,200 from the Administration Services for Transportation Fund. * **Revenue Operations:** $88,600 from the General Fund, plus $1,400 from the Administration Services for Transportation Fund. * **Property Tax:** $81,500 from the General Fund. Additionally, the bill authorizes an increase of seven full-time equivalent positions for the State Tax Commission for fiscal year 2026. Two of these positions are intended to be limited service for no longer than two years and will support the administration of a new parental choice tax credit program. The administration of this tax credit program will be funded by a reduction of $674,900 from the funds allocated for the tax credit itself. The appropriations are subject to the conditions, limitations, and restrictions outlined in the act and are effective on July 1, 2025.

Committee Categories

Budget and Finance, Justice

Sponsors (2)

Other Sponsors (1)

Finance Committee (Senate)

Last Action

Session Law Chapter 338 Effective: 07/01/2025 (on 04/14/2025)

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