General Bill
Revitalizing Municipalities:
Provides for transfer of sales tax revenues from General Revenue Fund to Revenue Sharing Trust Fund for Municipalities; provides for distribution from Revenue Sharing Trust Fund for Municipalities relating to increase in sales tax collections over preceding year to eligible designated redevelopment agency where sales tax increment redevelopment district is located; provides legislative intent & purpose; authorizes specified governing bodies to create sales tax increment redevelopment district within municipality having specified population; provides that designated redevelopment agency for sales tax increment redevelopment district is eligible for specified percentage distributions of increased state sales tax collections; requires DOR to determine amount of increased sales tax collections to be distributed to each eligible designated redevelopment agency & to transfer aggregate amount due all such agencies to Revenue Sharing Trust Fund for Municipalities for distribution; grants specified powers to designated redevelopment agency for sales tax increment redevelopment district for purpose of providing financing & fostering certain public & private improvements, including issuing revenue bonds; requires that agreement between designated redevelopment agency & private sponsor of project include requirement that specified number of jobs be created.
Effective Date:
July 1, 2011
Last Event:
Died in Community & Military Affairs Subcommittee on Saturday, May 7, 2011 2:07 AM
| Bill #
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Subject
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Relationship
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|
Bill #:
CS/SB 1962
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Subject:
Revitalizing Municipalities
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Relationship:
Compare
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| Event |
Time |
Member |
Committee |
Ver. |
|
Event:
H Died in Community & Military Affairs Subcommittee
|
Time:
05/07/2011 - 2:07 AM
|
Member:
|
Committee:
Community & Military Affairs Subcommittee
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Version:
__
|
|
Event:
H Indefinitely postponed and withdrawn from consideration
|
Time:
05/07/2011 - 12:01 AM
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Member:
|
Committee:
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Version:
__
|
|
Event:
H Now in Community & Military Affairs Subcommittee
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Time:
03/14/2011 - 11:28 AM
|
Member:
|
Committee:
Community & Military Affairs Subcommittee
|
Version:
__
|
|
Event:
H Referred to Economic Affairs Committee
|
Time:
03/14/2011 - 11:28 AM
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Member:
|
Committee:
Economic Affairs Committee
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Version:
__
|
|
Event:
H Referred to Appropriations Committee
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Time:
03/14/2011 - 11:28 AM
|
Member:
|
Committee:
Appropriations Committee
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Version:
__
|
|
Event:
H Referred to Finance & Tax Committee
|
Time:
03/14/2011 - 11:28 AM
|
Member:
|
Committee:
Finance & Tax Committee
|
Version:
__
|
|
Event:
H Referred to Community & Military Affairs Subcommittee
|
Time:
03/14/2011 - 11:28 AM
|
Member:
|
Committee:
Community & Military Affairs Subcommittee
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Version:
__
|
|
Event:
H 1st Reading
|
Time:
03/08/2011 - 10:24 PM
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Member:
|
Committee:
|
Version:
__
|
|
Event:
H Filed
|
Time:
03/04/2011 - 5:02 PM
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Member:
Nuñez
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Committee:
|
Version:
__
|
| Statute
|
Other Bill Citations
|
|
212.20
|
HB 455,
HB 759,
HB 955,
HB 995,
CS/CS/SB 1346*,
SB 1406,
CS/SB 1548,
SB 1638,
CS/SB 1962,
SB 2008,
SB 2156,
HB 7247
|
|
218.23
|
HB 759,
SB 1638,
CS/SB 1962
|
|
290.017
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CS/SB 1962*
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(*) Not the latest version