Simplified sellers use tax, distribution of proceeds revised

Summary

The bill changes how the state distributes revenue from the simplified sellers use tax. It lowers the percentage sent to the Education Trust Fund and shifts that money to local boards of education, while also altering the timing and method of payments to counties and municipalities. The changes take effect on October 1, 2026.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share