HB 1087 Summary

• Department of Revenue may accept voluntary contributions from participating businesses for construction and maintenance of state public school facilities.

• Participating businesses may solicit voluntary contributions from customers through any means including point of sale or monthly bills, and must register with the Department of Revenue before soliciting.

• Participating businesses remit collected contributions to the Department of Revenue using forms and procedures adopted by rule, which may include existing tax returns.

• Department of Revenue deposits all received contributions into the Public Education Capital Outlay and Debt Service Trust Fund, and such contributions are exempt from department audits.

• Executive director of Department of Revenue authorized to adopt emergency rules for implementation, with emergency rules remaining effective for 6 months and renewable; emergency rules authority expires July 1, 2017; act effective July 1, 2014.