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HR 1139 - Education funding; repeal ad valorem tax; impose 3% sales tax
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SC: |
02/19/2002 House 2nd Read Engrossed Prevailed |
First Reader Summary
A RESOLUTION proposing an amendment to the Constitution so as to repeal the provisions requiring the funding of education by ad valorem taxation and provide for the imposition of a state sales and use tax of 3 percent, which rate of taxation may be adjusted as necessary by the General Assembly, the proceeds of which shall be used exclusively for educational purposes prior to the college or postsecondary level; and for other purposes.
Code Sections Amended
| Bill History |
| Date |
Action |
| 02/19/2002 |
House 2nd Read Engrossed Prevailed |
| 02/19/2002 |
House Second Readers |
| 02/18/2002 |
House Notice of Motion to Engross |
| 02/18/2002 |
House First Readers |
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Footnotes:
2/19/02 Ordered Engrossed
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