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IN HB1126
Bill
Status
1/4/2018
Primary Sponsor
Chris May
Click for details
AI Summary
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Applies only to Brown County (population between 15,000 and 15,500) and authorizes a $1 per-admission excise tax on events at county-owned indoor entertainment facilities with minimum capacity of 2,000 patrons.
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Tax does not apply to events sponsored by educational institutions, religious organizations, charitable organizations recognized by the IRS, or political organizations.
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County fiscal body may adopt the tax ordinance between January 1 and June 1 each year, with tax applying to tickets purchased after June 30 of that year or a later date specified in the ordinance.
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Tax revenue must be deposited into a dedicated county entertainment facility admissions tax fund and may only be used for retiring facility debt, paying lease rentals, improving or constructing facility infrastructure, and capital repairs and maintenance.
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County may enter into operating leases with the tourism commission and contracts with nonprofit organizations to operate the facility; General Assembly covenants not to repeal or amend the chapter in ways that would adversely affect tax collection or fund deposits while bonds or lease obligations remain unpaid.
Legislative Description
Brown County entertainment facility admissions tax. Authorizes Brown County to impose a $1 admissions tax upon admissions to a county-owned, indoor entertainment facility (facility). Specifies that the revenue may be used only for retiring debt related to the facility, paying lease rentals related to the facility, paying for costs to improve or construct infrastructure serving the facility, and paying for costs related to capital repairs and maintenance of the facility. Permits the county to enter into an operating lease with the tourism commission and a contract with a nonprofit organization to operate the facility.
Last Action
First reading: referred to Committee on Ways and Means
1/4/2018