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IN SB0600
Bill
Status
1/15/2019
Primary Sponsor
Ronnie Alting
Click for details
AI Summary
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Authorizes Tippecanoe County to impose a food and beverage tax of up to 2% on prepared food and beverages sold by retail merchants for on-site consumption
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Tax revenue must be directed to the Wabash River Enhancement Corporation, a nonprofit governed by representatives from Tippecanoe County, Lafayette, West Lafayette, and Purdue University
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Permitted uses include developing and implementing a Wabash River corridor plan, improving water quality, restoring the ecosystem, and securing land for trails, parks, and recreational facilities
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Requires the county fiscal body to hold at least one public hearing dedicated solely to discussing the proposed tax before adoption
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Effective date of July 1, 2019, with tax collection beginning after ordinance adoption and notification to the Indiana Department of Revenue
Legislative Description
Tippecanoe County food and beverage tax. Authorizes Tippecanoe County to adopt an ordinance to impose a food and beverage tax. Provides that the county food and beverage tax may not exceed 2%. Specifies that food and beverage tax revenue must be used by the Wabash River Enhancement Corporation for carrying out the lawful purposes of the corporation. Specifies that tax revenue may be used for the following purposes of the corporation: (1) Enhancing the quality of life in the Wabash River corridor in Tippecanoe County by developing and implementing a corridor plan, including facilitating the implementation of elements of the plan by third parties. (2) Educating citizens with respect to the appropriate development and conservation of the Wabash River corridor. (3) Improving the health, safety, and welfare of the residents of the Wabash River corridor through initiatives to improve water quality, to restore the corridor's ecosystem, and to secure and improve land for trails, parks, recreational opportunities, and other appropriate development of the riverfront.
Last Action
Senator Buchanan added as second author
1/16/2019