SB 2407

AN ACT TO ESTABLISH THE SALES TAX DIVERSION STUDY COMMITTEE TO EXAMINE, EVALUATE AND DEVELOP RECOMMENDATIONS REGARDING THE PROPER ALLOCATION OF SALES TAX REVENUE BETWEEN THE DEPARTMENT OF REVENUE AND MUNICIPALITIES; TO DETAIL THE RESPONSIBILITIES OF THE COMMITTEE; TO PROVIDE FOR THE COMPOSITION OF THE COMMITTEE; TO PROVIDE THAT THE COMMITTEE SHALL REPORT ITS FINDINGS AND RECOMMENDATIONS TO THE LEGISLATURE NO LATER THAN DECEMBER 1, 2026; TO DIRECT THE DEPARTMENT OF REVENUE TO PROVIDE NECESSARY STAFF AND LOGISTICAL SUPPORT TO THE COMMITTEE; TO ALLOW FOR ADDITIONAL SUPPORT FROM THE JOINT LEGISLATIVE COMMITTEE ON PERFORMANCE EVALUATION AND EXPENDITURE REVIEW (PEER), UPON REQUEST AND SUBJECT TO AVAILABLE RESOURCES; TO PROVIDE FOR COMPENSATION ACCORDING TO LAW FOR LEGISLATIVE MEMBERS AND TRAVEL EXPENSE REIMBURSEMENT FOR NONLEGISLATIVE MEMBERS; TO PROVIDE FOR THE DISSOLUTION OF THE COMMITTEE ON OR BEFORE JANUARY 1, 2027; AND FOR RELATED PURPOSES.