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066 <br /> OR.P.t. W COn.17Y <br /> BOARD OF CC:_^•1ISSIONES Action .L3=nc?a <br /> Ite.,m, ro. ; Rm <br /> Dim:rI G DATE APRIL 5, 7983 <br /> Subject' BB 426: gales Tax Comparison <br /> Depar nt: •r40u1 . tow _ Public Hearing: yes <br /> r no <br /> Attacl'me t(s) : Irlfcmtla#431 Contact: Cleric to the Board <br /> NO <br /> ' P1 ne N r• 732-8181 ext. 505 ..........4 <br /> PURPOSE: CONSIDERATION OF UB 426. , <br /> Nom: BB 426 Sales Tax Bill was introduced on March Ilth; this bill which calls <br /> for an increase of the sales tax by .01c with proceeds going 50% to the <br /> State General Fund and 50% to Local Governmant is supported by the <br /> Association of County Commissioners. Mr. Jack Dossenbach, representing <br /> our District on the Associate's Board of Directors, says the Association <br /> ation <br /> is requesting all the Counties to support this bill and to contact our . <br /> legislative delegation voicing such support. <br /> This bill does not repeal the sales tax on food. <br /> Senator Roy 11's bill (SB 51: 4% Sales Tax, No Tax on Food) does repeal <br /> the sales tax on food, raises the sales tax .01c and raises the sales <br /> tax on mot o7 vehicles. It does specify that a certain % of the receipts <br /> must go to schools, and clean water bonds, matching for Federal. H.ig1may <br /> Funds, University physical, facilities (the first year only), state govern- <br /> ment physic.1 facilities and technical schools instructional equipment. <br /> The General Assembly will decide each year on the allocation of the proceeds <br /> Berated by this additional tax. <br /> On February 15, 1983 the Board of Commissioners endorsed in principle SB 51. <br /> IMPACT: Proceeds ar expected to be about $500,000 from SB 51, allocated as above, <br /> while proceeds from 1B 426 will generate about $1,000,000 for Orange County <br /> next fiscal (year. <br /> RECCLMATICN: <br />