SB 158
Lake County rounding of local taxes pilot program.
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- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
Establishes the Lake County rounding of local taxes pilot program. Requires a local unit to round a tax amount payable to the local unit: (1) downward in the case of a tax amount with one, two, six, or seven in the second decimal place to the next amount divisible by $0.05; or (2) upward in the case of a tax amount with three, four, eight, or nine in the second decimal place to the next amount divisible by $0.05.
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