1996 Regular Session

SENATE BILL 635

File Code: Taxes - Miscellaneous
Sponsored By:
Senators Boozer, Cade, Ruben, and Stoltzfus
Entitled:
Admissions and Amusement Tax Revenue - Professional Football Stadiums in Prince George's County

Synopsis:

Requiring the Comptroller to deduct and credit to the State 80% of the admissions and amusement tax revenue derived from admissions to a professional football stadium in Prince George's County with a seating capacity in excess of 60,000, crediting the first $48,000,000 to the Transportation Trust Fund and the next $25,000,000 to the General Fund; and discontinuing the deduction after a cumulative total of $73,000,000 has been credited to the State.

Legislative History

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 F. Vernon Boozer, District 9
Senator John A. Cade, District 33
Senator Ida G. Ruben, District 20
Senator J. Lowell Stoltzfus, District 38
Bill indexed under the following Subjects:
ADMISSIONS AND AMUSEMENT TAX
COMPTROLLER
PRINCE GEORGE'S COUNTY
SPORTS -see also- RECREATION
Stadiums
Bill affects the following Statute:
Tax - General
( 2-202 )

Documents:

Bill Text:
First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)

Amendments: None available