Bill
HB 2690
Establishes the "Fair Tax Act of 2026" which replaces the state individual and corporate income tax and the estate tax with a tax based on all new retail sales and services
2026 Regular Session
Introduced by Darin Chappell and 1 co-sponsor
A 5.11% statewide sales tax would replace income and estate taxes, with monthly poverty-guideline rebates to qualified families and a revenue-neutral adjustment if revenue differs.
Referred: Emerging Issues(H)
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