HB 689 (2016) -  Discretionary Sales Surtaxes

by Stone
Authorizes counties & municipalities within such counties to use local government surtax proceeds & interest for operating purposes; requires reduction in county's or municipality's budget to offset increased revenues from surtax; allows adjustments to county's or municipality's budget for ad valorem tax levy to compensate for reduction in state sales & use tax base.
Effective Date: July 1, 2016
Last Event: Died in Local Government Affairs Subcommittee on Friday, March 11, 2016 6:45 PM

Related Bills

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Local Government Affairs Subcommittee Time: 03/11/2016 - 6:45 PM Member: Committee: Local Government Affairs Subcommittee Version: __
Event: H 1st Reading Time: 01/12/2016 - 8:37 PM Member: Committee: Version: __
Event: H Now in Local Government Affairs Subcommittee Time: 11/23/2015 - 4:02 PM Member: Committee: Local Government Affairs Subcommittee Version: __
Event: H Referred to Local & Federal Affairs Committee Time: 11/23/2015 - 4:02 PM Member: Committee: Local & Federal Affairs Committee Version: __
Event: H Referred to Finance & Tax Committee Time: 11/23/2015 - 4:02 PM Member: Committee: Finance & Tax Committee Version: __
Event: H Referred to Local Government Affairs Subcommittee Time: 11/23/2015 - 4:02 PM Member: Committee: Local Government Affairs Subcommittee Version: __
Event: H Filed Time: 11/17/2015 - 1:17 PM Member: Stone Committee: Version: __

Statutes Referenced by this Bill