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2000 SESSION
HB 444 Entitlement to certain sales tax revenues.
Introduced by: P. E. (Phil) Larrabee | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED:
Entitlement to certain sales tax revenues. Entitles the City of Hampton (described by population) to all sales tax revenues generated by transactions taking place in certain public facilities to pay the cost of bonds issued to pay for such public facilities. Such entitlement shall continue for the lifetime of such bonds, which entitlement shall not exceed 30 years, and all such sales tax revenues shall be applied to repayment of the bonds.
SUMMARY AS INTRODUCED:
Entitlement to certain sales tax revenues. Entitles the City of Hampton (described by population) to all sales tax revenues generated by transactions taking place in certain public facilities to pay the cost of bonds issued to pay for such public facilities. Such entitlement shall continue for the lifetime of such bonds, which entitlement shall not exceed 30 years, and all such sales tax revenues shall be applied to repayment of the bonds.