Comments by Keith J. Richardson, Deputy Chief Financial Officer for the Office of Tax and Revenue, and Fitzroy Lee, Deputy Chief Financial Officer for the Office of Revenue and Analysis, before the Committee on Finance and Revenue
Attention taxpayers and business owners: The increase in the general sales tax rate to 7% has been postponed. The general sales tax rate remains 6% through September 30, 2027.
The September 2026 revenue estimate has been released: OCFO Releases September 2026 Revenue Estimates for FY 2026-2030 | cfo
Comments by Keith J. Richardson, Deputy Chief Financial Officer for the Office of Tax and Revenue, and Fitzroy Lee, Deputy Chief Financial Officer for the Office of Revenue and Analysis, before the Committee on Finance and Revenue