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. Tommy Thompson, (D-Owensboro) praised the measure for decentralizing some of the General Assembly’s power and giving it to counties and cities.
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jubilee armband rolex Rep. Tommy Thompson on Local Option Sales Tax I Legislative Update I KET | |
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