IN SB0462 | 2011 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 12 2011 - 25% progression, died in committee
Action: 2011-01-12 - First reading: referred to Committee on Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 12 2011 - 25% progression, died in committee
Action: 2011-01-12 - First reading: referred to Committee on Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Permits the Madison County council to increase the Madison County food and beverage tax from 1% to 2% for two years from July 1, 2011, through June 30, 2013. Provides that 50% of the additional tax revenue amount shall be distributed to the cities and towns and the county based on population. Provides that the remaining 50% of the additional revenue shall be distributed to the county for preserving, improving, equipping, operating, maintaining, promoting, and retiring debt on the Paramount Theater. Permits the county to make grants to a foundation that will carry out these purposes.
Title
Madison County food and beverage tax.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2011-01-12 | First reading: referred to Committee on Tax and Fiscal Policy | |
| 2011-01-12 | Authored by Senator Lanane |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | http://www.in.gov/apps/lsa/session/billwatch/billinfo?year=2011&session=1&request=getBill&doctype=SB&docno=0462 |
| Text | http://www.in.gov/legislative/bills/2011/IN/IN0462.1.html |
