IN SB0414

Authorizes the Lake County fiscal body to impose a local tax of up to 1% on the sale of gasoline and special fuel dispensed from metered pumps

Authorizes the Lake County fiscal body to impose a local tax of up to 1% on fireworks sales within the county

Requires a public hearing with proper notice before the county can adopt, increase, decrease, or repeal either tax

Distributes tax revenue monthly to municipalities based on their share of the county's total population, with the remainder retained by the county

Permits the county and municipalities to use the tax revenue for any governmental purpose without reducing property tax levies