Testimony of Bazil Facchina, Assistant General Counsel of the Office of Tax and Revenue, on the Rediscover Equitable Central Occupancy Vitality and Encourage Resilient Yield (RECOVERY) Amendment Act of 2021, Bill 24-454, before the Committee on Business and Economic Development
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Office of the Chief Financial Officer
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