File Code: Taxes - Sales and Use
- Sponsored By:
-
Senators Cade, Derr, Hafer, Craig, Hogan, and Ruben
- Entitled:
-
Sales and Use Tax - Permanent Seat Licenses
Including within the definition of tangible personal property for
purposes of the sales tax a permanent seat license (PSL) for a seat at
a professional sports stadium for which State moneys have been used
for improvements; imposing the tax at a rate of 10% for the first
retail sale and 5% for subsequent sales; distributing the sales tax
revenue from the first retail sale of PSLs to a specified account to
offset the State's costs for construction of the stadium for which the
PSLs are sold; etc.
Senate Action
- 2/2
- First Reading Budget and Taxation
- 2/21
- Hearing 3/8 at 12:00 p.m.
- 3/20
- Unfavorable Report by Budget and Taxation
House Action
- No Action
- Sponsored by:
- Senator John A. Cade, District 33
- Senator David R. Craig, District 34
- Senator John W. Derr, District 3
- Senator John J. Hafer, District 1
- Senator Patrick J. Hogan, District 39
- Senator Ida G. Ruben, District 20
- Bill indexed under the following Subjects:
- CONSTRUCTION
- LICENSES - GENERAL
- PERSONAL PROPERTY
- SALES AND USE TAX
- SPORTS -see also- RECREATION
- Stadiums
- Bill affects the following Statutes:
- Tax - General
- (
2-1303 ,
4-101 ,
11-101 ,
11-104
)
- Bill Text:
- First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
Amendments:
None available