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House Bill 1578


House Bill 1578

ARCHIVE (2011)

Latest Information

 

DIGEST OF INTRODUCED BILL


Madison County food and beverage tax. 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.
Current Status:
 In Committee - first House
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