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1998 SESSION

• | print version

SB 496 Distribution of sales tax revenue.

Introduced by: Henry L. Marsh III | all patrons    ...    notes | add to my profiles

SUMMARY:

Distribution of sales tax revenue. Entitles the City of Petersburg, defined by population brackets, to the revenue from two percent of the state's 3.5 percent sales and use tax generated from sales of meals and transient occupancy within the city. The entitlement to the revenue shall continue for 30 years. The revenue from this portion of the state sales tax shall be used to pay debt service on the construction of sports facilities.

FULL TEXT

• 01/26/98  Senate: Presented & ordered printed 980841699  pdf

HISTORY

• 01/26/98  Senate: Presented & ordered printed 980841699
• 01/26/98  Senate: Referred to Committee on Finance
• 02/17/98  Senate: Failed to report (defeated) in Finance (8-Y 9-N)