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Senate Bill 0440


Senate Bill 0440

ARCHIVE (2000)

Latest Information

 

DIGEST OF INTRODUCED BILL


Adjusted gross income tax for Wayne County. Allows Wayne County to impose the county adjusted gross income tax at a rate of 1.25%. Provides that the county adjusted gross income tax revenue in Wayne County that is derived from the additional 0.25% tax rate may be used only to pay the costs of constructing, improving, or renovating the county jail and related buildings and parking facilities. Authorizes the county council to pledge the tax revenue from the additional 0.25% tax rate to pay bonds issued for the construction, improvement, or renovation.
    Current Status:
     In Committee - first House
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