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2018 SESSION
HB 179 Public facilities; bonds issued for construction, municipal authority to retain certain tax revenue.
Introduced by: Christopher E. Collins | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED HOUSE:
Bonds issued for the construction of public facilities; municipal authority to retain sales tax revenues from such facilities. Extends until July 1, 2020, the authority of any municipality to issue bonds for the construction of certain public facilities and retain sales and use tax revenue generated within such facilities to pay off such bonds. Under current law, such authority expired on July 1, 2017.
SUMMARY AS INTRODUCED:
Bonds issued for the construction of public facilities; municipal authority to retain sales tax revenues from such facilities. Extends until July 1, 2020, the authority of any municipality to issue bonds for the construction of certain public facilities and retain sales and use tax revenue generated within such facilities to pay off such bonds. Under current law, such authority expired on July 1, 2017.