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ID H0671

Bill

Official Source

Status

Introduced

2/13/2026

Primary Sponsor

Revenue and Taxation Committee

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Origin

House of Representatives

2026 Regular Session

AI Summary

  • Increases the maximum sales tax rebate cap for approved transportation improvements from $35 million to $100 million per project
  • Adds a new qualifying category for highway improvements costing over $5 million, in addition to the existing $6 million threshold for interstate interchange installations
  • Developers of retail complexes can receive rebates of 60% of sales and use taxes collected by qualified retailers to reimburse costs for transportation infrastructure
  • Declared an emergency measure with retroactive application to January 1, 2026

Legislative Description

Amends existing law to revise provisions regarding a sales and use tax rebate for certain developers of certain retail complexes.

SALES AND USE TAX

Last Action

U.C. to be returned to Revenue & Taxation Committee

2/20/2026

Full Bill Text

No bill text available