authorize the imposition of a county option gross receipts tax to reduce owner-occupied property taxes.

Summary

The bill lets a county vote to impose a gross receipts tax of up to one‑half percent on sales of tangible goods, electronic products and taxable services. Money collected goes into a county fund that is used first to credit owner‑occupied property tax bills, then to agricultural and non‑agricultural property after the owner‑occupied credit is fully funded. It also adds reporting, filing and administrative rules for the new tax.

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