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DIGEST OF INTRODUCED BILL
Henry County food and beverage tax. Extends until December 31, 2015 (instead of December 31, 2004), Henry County's authority to pay for capital improvements with food and beverage tax revenues or to issue bonds or enter into leases or other obligations payable from food and beverage tax revenues. Provides that a member of the capital improvements committee may be reappointed upon the expiration of the member's term (current law requires the member to be reappointed). Specifies that the county may use the food and beverage tax revenues on a pay-as- you-go basis to undertake capital improvements and may pledge other available revenues to the payment of bonds payable from the food and beverage tax.