SB 176 Summary

• Authorizes counties with pre-existing surcharges on state tax to permanently extend the surcharge beyond December 31, 2030 at a reduced rate of one-fourth of one percent (down from one-half of one percent).

• Allows counties that have not previously adopted a surcharge to establish one at one-half of one percent through December 31, 2030, then at one-fourth of one percent thereafter.

• Expands permitted uses of surcharge revenues for counties with populations greater than 500,000 to include capital, operating, and maintenance costs of mass transit projects, plus Americans with Disabilities Act compliance expenses (previously limited to capital costs only).

• Removes the December 31, 2030 sunset date for counties that previously adopted surcharges, making them permanent unless later repealed.

• Takes effect on July 1, 2023.