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Second Quarter Local Sales Tax Collections Down Significantly; June Collections Improve for Most Regions
Sales tax revenue for local governments in the second quarter of 2020 totaled $3.3 billion, a decline of $1.2 billion compared to the same period last year. The second quarter drop came after a 4.6 percent increase in first quarter collections, the strength of which was partly due to better collection of taxes on internet sales from small, out-of-state merchants.