Local Option Sales Tax clears first legislative hurdle
The House Committee on Elections, Constitutional Amendments and Intergovernmental Affairs voted Tuesday morning to pass legislation to give local communities the option to place an additional sales tax of up to one cent on the ballot for voter approval.
The proposal, given the legislative top priority designation of House Bill 1, is co-sponsored by House Speaker Greg Stumbo and House Minority Leader Jeff Hoover. Local option sales tax legislation—also known as LIFT—is an initiative supported by the Kentucky Chamber that would allow local governments to use the additional sales tax to pay for voter approved local investments. When the projects are finished, that tax increase goes away.
Local leaders including Louisville Mayor Jim Fischer and Daviess County Judge-Executive Al Mattingly again came to Frankfort to discuss the positive impact the legislation will have on cities across the state.
The legislation now heads to the full House for a vote. House Bill 1 is a constitutional amendment, which means it will require a three-fifths vote of the House and Senate and then would have to be approved by voters statewide before a local election could occur.
Please let your legislator know that you support local option sales tax legislation by calling 1-800-372-7181.
Categories: Kentucky Competitiveness