Sen. Susan Garrett
Filed: 4/11/2011
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1 | AMENDMENT TO SENATE BILL 43
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2 | AMENDMENT NO. ______. Amend Senate Bill 43 by replacing | ||||||
3 | everything after the enacting clause with the following:
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4 | "Section 1. Short title. This Act may be cited as the | ||||||
5 | Taxation Disclosure Act. | ||||||
6 | Section 5. Legislative purpose. The intent of the General | ||||||
7 | Assembly is to make citizen access to State and local tax rates | ||||||
8 | as open, transparent, and publicly accessible as is feasible. | ||||||
9 | Increasing the ease of public access to State and local tax | ||||||
10 | rates significantly contributes to governmental | ||||||
11 | accountability, public participation, and the understanding of | ||||||
12 | the cost of government services. Therefore, the General | ||||||
13 | Assembly directs the Department to create and maintain a | ||||||
14 | database of tax rates for taxing districts in the State. | ||||||
15 | Section 10. Definitions. As used in this Act, "Department" |
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1 | means the Department of Revenue. | ||||||
2 | Section 15. Tax rate database. | ||||||
3 | (a) The Department shall make tax rate information publicly | ||||||
4 | available on its Internet website. The tax rate information | ||||||
5 | shall include rate information on income, property, use and | ||||||
6 | occupation, and excise taxes. | ||||||
7 | (b) Tax rate information for use and occupation taxes | ||||||
8 | administered by the Department shall include the tax rate | ||||||
9 | applicable in a municipality or the unincorporated area of a | ||||||
10 | county and list the individual rates that comprise the | ||||||
11 | aggregate rate in that municipality or in the unincorporated | ||||||
12 | area of that county. | ||||||
13 | (c) Beginning with the 2008 levy year, and for every | ||||||
14 | subsequent levy year, tax rate information for property taxes | ||||||
15 | shall include the name of each taxing district, a list of all | ||||||
16 | funds for which taxes were extended and the corresponding tax | ||||||
17 | rate for each fund, and the district's total tax rate. The | ||||||
18 | Department may also include such other property tax information | ||||||
19 | that it determines is necessary to achieve the purpose set | ||||||
20 | forth in Section 5 of this Act. This information shall be made | ||||||
21 | available in a viewable and downloadable format on the | ||||||
22 | effective date of this Act and shall be updated on January 1 of | ||||||
23 | each subsequent year with the most recent tax rate information | ||||||
24 | available. | ||||||
25 | (d) Tax rate information for income taxes shall include the |
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1 | individual income tax rate as well as the corporate income tax | ||||||
2 | rate. This information shall be made available in a viewable | ||||||
3 | and downloadable format on the effective date of this Act and | ||||||
4 | shall be updated on January 1 of each subsequent year with the | ||||||
5 | most recent tax rate information available. | ||||||
6 | (e) Tax rate information for excise taxes shall include the | ||||||
7 | statewide rates as well as local rates for taxes administered | ||||||
8 | by the Department. This information shall be made available in | ||||||
9 | a viewable and downloadable format on the effective date of | ||||||
10 | this Act and shall be updated on January 1 and July 1 of each | ||||||
11 | subsequent year with the most recent tax rate information | ||||||
12 | available.
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13 | Section 99. Effective date. This Act takes effect January | ||||||
14 | 1, 2012.".
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