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IN HB1554
Bill
Status
1/17/2019
Primary Sponsor
Chris May
Click for details
AI Summary
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Counties with populations under 15,500 that own indoor performing arts centers with at least 2,000-seat capacity may impose a $1 admissions tax on event tickets sold through the venue's box office or authorized agents
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Tax exemptions apply to events sponsored by educational institutions, religious organizations, IRS-recognized charitable organizations, and political organizations
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Revenue must be deposited in a dedicated county fund and used exclusively for the performing arts center: retiring debt, paying lease rentals, infrastructure improvements, and capital repairs/maintenance
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Counties may contract with the convention and visitors commission and nonprofit organizations to operate the facility
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County fiscal bodies may adopt the tax ordinance between January 1 and June 1 of any year, with the tax taking effect after June 30 of that year or a later specified date
Legislative Description
Performing arts center admissions tax. Authorizes counties that: (1) have a population of less than 15,500; and (2) own an indoor performing arts center with a seating capacity of at least 2,000 patrons; to impose a $1 admissions tax upon admissions to the indoor performing arts center. Specifies how the revenue may be used. Permits the county to enter into an operating lease with the convention and visitors commission and a contract with a nonprofit organization to operate the indoor performing arts center.
Last Action
First reading: referred to Committee on Ways and Means
1/17/2019