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2018 SESSION
HB 1390 Food and beverage tax; counties to enact ordinances providing that bonds shall be paid from revenue.
Introduced by: Lashrecse D. Aird | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED:
Bond referenda; authorizing counties to make bond issuance contingent on enactment of a food and beverage tax. Authorizes counties to enact ordinances providing that bonds shall be repaid from food and beverage tax revenues. The bill provides that if a county enacts such an ordinance, the referendum submitted to the voters shall include as a single question the issuance of bonds and the enactment of a food and beverage tax. Under current law, the questions of bond issuance and tax enactment are submitted as separate ballot questions.
SUMMARY AS INTRODUCED:
Bond referenda; authorizing counties to make bond issuance contingent on enactment of a food and beverage tax. Authorizes counties to enact ordinances providing that bonds shall be repaid from food and beverage tax revenues. The bill provides that if a county enacts such an ordinance, the referendum submitted to the voters shall include as a single question the issuance of bonds and the enactment of a food and beverage tax. Under current law, the questions of bond issuance and tax enactment are submitted as separate ballot questions.