BILL · 2005–06 SESSION

HB 1907: Community revitalization

Promoting economic development and community revitalization.

Summary

  • Expands the community revitalization program to allow local governments to finance public improvements not only using increased property tax revenues, but also excess excise tax revenues, and revenue generated through a sales and use tax, up to $1 million per year, per project, credited against the state sales and use tax in an increment area.
  • Limits the annual aggregate amount of new local sales and use taxes that may be credited against the state tax to $5 million initially.

From the House Bill Analysis (HB 1907), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 9, 2005
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Gary Alexander (R-20)
Introduced
February 9, 2005 in the House
Last action
January 9, 2006
Companion bill
SB 5325
Budget
Has a fiscal note

AN ACT Relating to community revitalization financing;

Sponsors

Prime sponsor: Gary Alexander (R-20)

3 co-sponsors (0 Democrats, 3 Republicans)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Economic Development, Agriculture & Trade.

HB 1907 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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