S.E.A. 33, P.L. 101 Effective: §1 effective March 13, 2024 Section 1 defines "courtroom costs". Provides that a county fiscal body may adopt an ordinance to impose a tax rate for: (1) in the case of a tax rate adopted before January 1, 2024, county staff expenses of the state judicial system in the county; or (2) in the case of a tax rate adopted after December 31, 2023, … [Read more...] about Distributions of public safety income tax revenue
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Distributions of public safety income tax revenue
The House Ways and Means Committee heard SB 33 on distributions of public safety income tax revenue authored by Sen. Niemeyer and Sen. Dernulc and sponsored by Rep. Slager. The bill, in part, limits use of the judicial local income tax that was passed in 2023 to “courtroom costs” for staffing the court reporter, bailiff, or court administrator. The bill was amended by consent to c … [Read more...] about Distributions of public safety income tax revenue
Department of Local Government Finance
The Senate Tax and Fiscal Policy Committee heard HB 1328 on the Department of Local Government Finance. The bill, authored by Rep. Snow and sponsored by Sen. Bassler and Sen. Deery, was amended in Committee to add the same language found in SB 33 that limits use of the judicial local income tax that was passed in 2023 to “courtroom costs” for staffing the court reporter, bailiff, or … [Read more...] about Department of Local Government Finance
Repeal of obsolete inheritance tax provisions
H.E.A. 1520, P.L. 79 Effective: July 1, 2017 Repeals statutes imposing the inheritance tax and providing exemptions from and deductions to the inheritance tax. (Under current law the inheritance tax does not apply to a property interest transferred by a decedent whose death occurs after December 31, 2012.) Repeals or removes provisions relating to probate court administration of the … [Read more...] about Repeal of obsolete inheritance tax provisions
Repeal of obsolete inheritance tax provisions
The Senate Judiciary Committee heard HB 1520, sponsored by Sen. Messmer and Sen. Randolph, on the repeal of obsolete inheritance tax provisions. The bill repeals statutes imposing the inheritance tax and providing exemptions from and deductions to the inheritance tax (under current law the inheritance tax does not apply to a property interest transferred by a decedent whose death … [Read more...] about Repeal of obsolete inheritance tax provisions