SB 1056
Modifies the method of how community improvement districts may impose sales taxes
Sponsor:
LR Number:
5170S.01T
Last Action:
6/9/2006 - Signed by Governor
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2006
House Handler:

Current Bill Summary

SB 1056 - This act modifies the sales tax provision for community improvement districts. Under the current law, a community improvement district may, by resolution, impose a sales tax at a rate of 1/8, 1/4, 3/8, 1/2 of one percent. The act allows the sales tax to be imposed in increments of one-eighth of one percent, up to a maximum of one percent.

STEPHEN WITTE

Amendments