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DIGEST OF INTRODUCED BILL
Municipal food and beverage tax. Provides that a municipality that has not previously imposed a food and beverage tax may impose a municipal food and beverage tax at a rate of up to 1%. Provides that the municipality may use the revenue from the municipal food and beverage tax to: (1) reduce a property tax levy; (2) provide property tax relief; (3) pay debt service or lease rentals; (4) pay capital project costs; (5) provide operating revenue; (6) pay municipal pension liabilities; or (7) pay for another municipal purpose.