AN ACT relating to local occupational license fees and taxes.

Summary

The bill lets any county with at least 500,000 residents impose a license fee of up to 1.25% on wages, commissions and net profits of businesses operating in the county. It exempts public‑service utilities, multichannel video and communications providers, banks, National Guard members, election workers, certain investment funds and disaster‑response entities. The counties can collect these fees, set rules for filing, and may adjust the local school tax rate within specified limits.

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