Residents could be offered tax-free disaster preparedness supplies
Monday, April 24, 2006
DeVore: It is a tangible reminder every year to go out and take a look at your disaster preparedness supplies.
There's a limit of forty to sixty dollars tax-free for most items. The authors say the holiday would mean an eight million dollar state tax revenue loss each year, but they expect that to be offset by other purchases.
In the past, cities and counties have been opposed to such plans for fear of lost revenue. However, the California State Association of Counties hasn't taken a position on the bill because it does not include the local portion of state sales tax.
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