HB 1269: Revitalizing Municipalities
GENERAL BILL by Nunez
Revitalizing Municipalities; Provides for transfer of sales tax revenues from General Revenue Fund to Revenue Sharing Trust Fund for Municipalities; provides for distribution from Revenue Sharing Trust Fund for Municipalities relating to increase in sales tax collections over preceding year to eligible designated redevelopment agency where sales tax increment redevelopment district is located; provides legislative intent & purpose; authorizes specified governing bodies to create sales tax increment redevelopment district within municipality having specified population, etc.
Last Action: 5/7/2011 House - Died in Community and Military Affairs Subcommittee
Bill Text: Web Page | PDF
• Introduced -HJ 115
• Referred to Community and Military Affairs Subcommittee; Finance and Tax Committee; Appropriations Committee; Economic Affairs Committee -HJ 221
• Indefinitely postponed and withdrawn from consideration
• Died in Community and Military Affairs Subcommittee
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