Counties can now choose to impose a new tax on gross receipts (money businesses take in) to help reduce property taxes on homes that owners live in. The bill requires property tax bills to separately show homeowners how much of their property tax reduction comes from this new county gross receipts tax, starting in 2028. This gives counties a new tool to shift some tax burden from homeowners to businesses.
The engrossed version adds substantive new provisions to the bill that were not in the introduced version, including the creation of a county gross receipts tax structure (sections 5-8) and modifications to existing tax code sections to reference this new tax and allow property tax credits for owner-occupied properties starting in 2028. This BROADENS the bill from merely authorizing a gross receipts tax option into a complete framework establishing how the tax is imposed, collected, and used to reduce property taxes.
The amendment is a technical change converting the bill from "Senate Engrossed" status to "Enrolled" status, updating the bill version number from 26.473.27 to 26.473.28 and removing legislative markup indicators—this is a standard procedural step with no substantive changes to the bill's purpose of authorizing a county gross receipts tax to reduce owner-occupied property taxes.
Other amendments
Signed by the Governor S.J. 548
Delivered to the Governor S.J. 520
Signed by the Speaker H.J. 553
Signed by the President S.J. 505
House of Representatives Do Pass Amended Passed, YEAS 48, NAYS 19. H.J. 528
State Affairs Do Pass Passed, YEAS 12, NAYS 1.
State Affairs Scheduled for hearing H.J. 1
House of Representatives Referred to House State Affairs H.J. 446
First Reading House H.J. 423
Senate Do Pass Amended Passed, YEAS 20, NAYS 14. S.J. 359
Senate Motion to amend S.J. 358
Senate Deferred to another day S.J. 338
Taxation Do Pass Passed, YEAS 7, NAYS 0. S.J. 15
Taxation Scheduled for hearing S.J. 1
First read in Senate and referred to Senate Taxation S.J. 67
Do Pass Amended
State Affairs — Do Pass
Do Pass Amended
Taxation — Do Pass