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2013 SESSION

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SB 1289 Retail Sales and Use Tax; development of regional impact.

Introduced by: Charles W. Carrico, Sr. (by request) | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Entitlement to sales and use tax revenues; development of regional impact. Adds the County of Washington as a locality entitled to retain certain sales and use taxes generated on the premises of a development of regional impact located in the County, to pay bonds issued for the development. The bill also eliminates the requirement that the locality have an unemployment rate at least three percentage points higher than the statewide average.


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