SB 1175 Allows the City of Excelsior Springs to issue bonds and impose a sales tax for the development of a community center
Sponsor: Stouffer
LR Number: 5439L.03C Fiscal Note: 5439-03
Committee: Economic Development, Tourism & Local Government
Last Action: 5/12/2006 - S Calendar S Bills with H Amendments Journal Page:
Title: HCS SCS SB 1175 Calendar Position:
Effective Date: August 28, 2006
House Handler: Nance

Full Bill Text | All Actions | Available Summaries | Senate Home Page | List of 2006 Senate Bills

Current Bill Summary

HCS/SCS/SB 1175 - This act allows the cities of Excelsior Springs, De Soto, and Sedalia to issue bonds and levy a sales tax of up to one-half of one percent on all retail sales made within those cities for the purpose of constructing, equipping, operating and maintaining a community center for the cities. The sales tax revenue shall be collected by the department of revenue which may retain one percent of such revenue to offset the costs of collection. The remaining revenue shall be transferred to the cities to be placed into the "City Community Center Trust Fund" created by this act.