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CS/SB 1022: Revitalizing Municipalities

GENERAL BILL by Commerce and Tourism ; Garcia

Revitalizing Municipalities; Providing for the transfer of certain sales tax revenues from the General Revenue Fund to the Revenue Sharing Trust Fund for Municipalities; providing for a distribution from the Revenue Sharing Trust Fund for Municipalities relating to an increase in sales tax collections over the preceding year to the governing body of an area that receives tax increment revenues pursuant to a designation as a sales tax TIF area; creating the “Municipal Revitalization Act”; authorizing specified governing bodies to create sales tax TIF areas within a county or municipality having a specified population, etc.

Effective Date: 7/1/2012
Last Action: 3/9/2012 Senate - Died in Budget Subcommittee on Finance and Tax
Location: In committee/council (BFT)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Commerce and Tourism (CM)
  2. Community Affairs (CA)
  3. Budget Subcommittee on Finance and Tax (BFT)
  4. Budget (BC)



Bill History

Date Chamber Action
11/18/2011 Senate • Filed
12/8/2011 Senate • Referred to Commerce and Tourism; Community Affairs; Budget -SJ 84
1/10/2012 Senate • Introduced -SJ 84
1/30/2012 Senate • On Committee agenda-- Commerce and Tourism, 02/02/12, 3:15 pm, 401 Senate Office Building
2/2/2012 Senate • CS by Commerce and Tourism; YEAS 6 NAYS 0 -SJ 326
2/6/2012 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
2/7/2012 Senate • Now in Community Affairs -SJ 326
• CS by Commerce and Tourism read 1st time -SJ 331
2/8/2012 Senate • On Committee agenda-- Community Affairs, 02/13/12, 10:00 am, 412 Knott Building
2/13/2012 Senate • Favorable by Community Affairs; YEAS 8 NAYS 0 -SJ 499
• Now in Budget -SJ 499
2/14/2012 Senate • Subreferred to Budget Subcommittee on Finance and Tax -SJ 518
• Now in Budget Subcommittee on Finance and Tax
3/9/2012 Senate • Died in Budget Subcommittee on Finance and Tax