Senate To Vote On Bill That Would Prevent Sales Tax Hike - myfoxcarolinas.com

Senate To Vote On Bill That Would Prevent Sales Tax Hike

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Charlotte, NC -

 On Wednesday, a the Senate Finance committee passed a bill that would set a maximum for county sales taxes. Mecklenburg County currently has what would become the maximum sales tax -- 2.5 cents -- which means this bill could thwart the county's plan for a referendum in November to raise the sales tax by a quarter of a penny.

This proposed sales tax hike was to be the county's way of paying for teacher salary increases without using any one-time funds.

The bill is scheduled to be voted on in the Senate today, and would need approval from the House and Governor Pat McCrory to take effect.

If the bill does get approved, it could mean the county would need to find another way to come up with the estimated $35 million Chairman Trevor Fuller suggests the 0.25 cent increase could generate.

As per county policy, 80 per cent of that money would go toward raising salaries for employees of Charlotte-Mecklenburg Schools.

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