Eliminating school district property taxes; imposing county and school district taxes; establishing the School District Emergency Fund and the School District Property Tax Elimination Fund; consolidating Articles II and III of the Tax Reform Code of 1971; in preliminary provisions relating to sales and use tax, providing for definitions; in taxation generally relating to sales and use tax, providing for exclusions and for transfer to county sales and use tax accounts; in preliminary provisions relating to personal income tax, providing for definitions; and making repeals.
In preliminary provisions, further providing for definitions; and, in taxation by school districts, further providing for school district tax notices.
In taxation by school districts, further providing for definitions, providing for disposition of data center property tax revenue and further providing for school district tax notices.
In taxation by school districts, further providing for public referendum requirements for increasing certain taxes.
In taxation by school districts, further providing for public referendum requirements for increasing certain taxes.
Regards school district property taxes, school funding formula
In taxation by school districts, repealing provisions relating to local tax study commission and to adoption of further referendum.
In sales and use tax, further providing for definitions and for exclusions from tax.
Reduce the sales and use tax rates on food, to increase the rates for certain taxes, use taxes, and excise taxes, and to provide a new fund for school district capital outlay projects.
Eliminate certain sales tax exemptions, impose sales and use taxes on certain services, change school district levy limitations, eliminate the School District Property Tax Relief Act, change provisions of the School District Property Tax Limitation Act, and provide additional foundation aid under the Tax Equity and Educational Opportunities Support Act