Plain English Breakdown
The official source material does not provide specific details on when this change will take effect, leaving it uncertain.
Removing Sales Tax on Meals
This act removes an extra 1% tax that was added to meals bought from restaurants, caterers, and grocery stores.
What This Bill Does
- Removes the additional one percent sales and use taxes imposed on meals sold by eating establishments like restaurants.
- Eliminates the same extra tax for catered events and food sold in grocery stores.
Who It Names or Affects
- People who buy meals from restaurants, caterers, or grocery stores will no longer pay an additional one percent sales and use taxes on their purchases.
- Businesses that sell meals like restaurants and grocery stores will see a change in the taxes they collect.
Terms To Know
- Sales Tax
- A tax added to goods and services when you buy them.
- Use Tax
- A tax similar to sales tax that applies if the sales tax wasn't paid, like buying something online from another state.
Limits and Unknowns
- The bill does not specify when this change will take effect.
- It only removes an extra one percent tax and doesn’t affect other taxes on meals or other items.