Bill Summary

HB 689 Discretionary Sales Surtaxes (2016 Session)
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Sponsors
by Stone
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Summary
Discretionary Sales Surtaxes: 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
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committees of reference
» H Local Government Affairs Subcommittee
   H Finance & Tax Committee
   H Local & Federal Affairs Committee
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Actions
11/17/15
HOUSE 
Filed
11/23/15
HOUSE 
Referred to Local Government Affairs Subcommittee; Finance & Tax Committee; Local & Federal Affairs Committee
11/23/15
HOUSE 
Now in Local Government Affairs Subcommittee
03/11/16
HOUSE 
Died in Local Government Affairs Subcommittee
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bill text & filed amendments
0689
Filed on 11/17/15
PDF
No amendments to this bill text filed.
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Statute Citations
212.055
Research & Reports
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