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2009 SESSION
HB 2091 Retail Sales and Use Tax; entitlement to revenues.
Introduced by: William H. Fralin, Jr. | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED HOUSE:
Sales tax revenue; renovations to public facilities. Includes the debt service on bonds issued for renovations to certain public facilities as eligible to be paid with sales tax revenue retained by the applicable locality from sales made in the facility. The bill also modifies a requirement for a locality's renovations to other public facilities to be eligible for similar benefits under current law. The bill incorporates HB 2264.
SUMMARY AS INTRODUCED:
Sales tax revenue; renovations to public facilities. Includes the debt service on bonds issued for renovations to certain public facilities as eligible to be paid with sales tax revenue retained by the applicable locality from sales made in the facility. The bill also modifies a requirement for a locality's renovations to other public facilities to be eligible for similar benefits under current law.