Bill > HB5873

This bill repeals the State Education Tax Act of 1993, which established a state education tax, meaning this specific tax will no longer be collected. The bill also states that it will only take effect if another bill, House Bill No. 5880 of the 103rd Legislature, is also enacted into law, and it will become law 90 days after being enacted. Furthermore, the legislature intends to use funds from the state's general fund to fully replace any revenue lost to the state school aid fund, which is a fund dedicated to supporting public schools, as a result of eliminating this tax.