SB 1056 - Griesheimer, John
Modifies the method of how community improvement districts may impose sales taxes
Bill Details
Sponsor
LR Number
5170S.01T
Title
SB 1056
House Handler
Journal Page
N/A
Effective Date
August 28, 2006
Current Status
Signed by Governor
Quick Links
Amendments
No amendments available
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