House Bill 1, the constitutional amendment to allow for local option sales taxes in Kentucky, passed the state House last Thursday. The measure would enable local city or county governments to levy up to a penny of additional sales tax to repay a bond for a specific community project. When the project is paid off, the tax expires. Rep. Larry Clark (D-Louisville), a state lawmaker for more than 30 years, said the legislation represents a shift in public policy, as state legislators would relinquish some budgetary responsibilities in funding projects.
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jubilee armband rolex Rep. Larry Clark on Local Option Sales Tax I Legislative Update I KET | |
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