February 15, 1018
Re: H.B. 299 STATE INCOME AND SALES TAX REDUCTION --Chief Sponsor: Mike Schultz
This bill would take effect on March 1, 2019, if, between the date of this bill's passage and March 1, 2019 the state's individual income tax rate increases by .45% or more, and the state's sales and use tax rate increases by .45% or more.
Rep Schultz’s Home Builders responsibilities must have been pretty slow for him to take the time it must have taken to draft this bill. Clearly the bill is intended to use the additional revenue – if the initiative passes – to add funding for transportation and water infrastructure, both of which do indeed need more funding, instead of using the additional revenue to increase funding for public schools, which if the initiative passes is the will of the people of the state.
I hope he is just playing with us, and is actually just being sarcastic. If he is not being sarcastic, instead of again robbing the public education fund, as was done when higher ed was allowed to share the Public Education Fund, and when the single rate tax was approved.; instead of doing that again, he should be spending his time finding ways to fund the increased needs of transportation and water infrastructure.
I hope no one takes this bill seriously, and it is thrown under the rug forever.
Fred Ash, URSEA Legislative Chair