SB 1425

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
SB 1425 modifies the entitlement of certain municipalities to tax revenue associated with hotel and convention center projects. It extends the period during which a qualifying municipality can receive revenue from such projects, increasing the duration from 10 years to 20 years for certain municipalities and expanding the conditions under which they must remit portions of collected tax revenue to the state​.
Author (1)
Angela Paxton
Related Legislation
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