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2024 SESSION

• | print version

SB 523 Sales tax revenues; entertainment arena.

Introduced by: Angelia Williams Graves | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Sales tax revenues; entertainment arena. Adds entertainment arena to the definition of public facility to allow a locality to collect all sales tax revenues generated by transactions at such a facility, provided that a locality owns an interest in the facility and contributes to financing its construction. The bill also allows a municipality to issue bonds to finance a public facility on or after July 1, 2024, but prior to July 1, 2027.

FULL TEXT

• 01/09/24  Senate: Prefiled and ordered printed; offered 01/10/24 24104655D  pdf | impact statement

HISTORY

• 01/09/24  Senate: Prefiled and ordered printed; offered 01/10/24 24104655D
• 01/09/24  Senate: Referred to Committee on Finance and Appropriations
• 02/14/24  Senate: Left in Finance and Appropriations