A new major tax bill took shape Wednesday as the House and Senate negotiated a new flat tax rate while agreeing to forego any effort to eliminate the local sales tax on groceries.
Early Wednesday night, the conference committee agreed on a flat tax of 5.15%, which was down from what the House passed but up from the Senate's version.
The Senate passed a flat tax at 4.75%, while the House passed single rate of 5.25% before both sides settled at 5.15%.
The state sales tax on groceries wouldn't end until Jan. 1, 2024 . . .
SSJ
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