SENATE BILL 197

Sponsored By:

Senator McFadden

Entitled:

Sales and Use Tax - Distribution of Revenues - Public School Construction

Synopsis:

Requiring the Comptroller to pay $47,500,000 of the revenues from the sales and use tax to the Public School Construction Financing Fund to be used for specified public school construction projects; establishing the Public School Construction Financing Fund as a special, nonlapsing fund; specifying the amount of funding that the Board of Public Works may approve for public school construction in each county or region in the State; etc.

History by Legislative and Calendar Date

Senate Action

1/20

First Reading Budget and Taxation

1/25

Hearing 2/8 at 1:00 p.m.

House Action

No Action

Bill indexed under the following Subjects:

Alcoholic Beverages -see also- AB-By Subd; Subst Abuse; etc.

Comptroller

Construction

Counties -see also- Chartered Counties; Code Counties

Public Schools

Public Works, Board of

Revenue and Taxes -see also- Dev Fees &Taxes; specific tax

Sales and Use Tax

Bill affects the following Statutes:

Education

( 5-313 )

Tax - General

( 2-1303 )

Documents

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments: None offered