[Cmte3] any interest in HB 1008?

[Elizabeth J. Doversberger]

I have no problem with letting Jo report on this bill.

>>> Stephen E. Belter<seb@wintek.com> 1/7/2004 12:53:59 PM >>>
Committee 3:

  Jo Wade has expressed an interest in reporting on HB 1008 (see below).

  Do any of you want to report on this bill, or may I give it to Jo?

Thanks, Steve



HB 1008 Authorizes a fiscal body of a city, town, or county to impose any of
the following local taxes: (1) A supplemental auto rental excise tax. (2) A
local innkeeper's tax. (3) A food and beverage tax.   A unit of government
could impose these new taxes in addition to the existing county innkeeper
tax. The total innkeeper tax could increase to 10% or 11%, plus 6% state
sales tax.

Under the provisions of HB 1008, the money raised from this new innkeeper
tax would not be used for tourism promotion, but instead could be used for:
(1)Reducing the unit's property tax levy for the ensuing budget year.  (2)
Providing property tax relief to taxpayers or classes of taxpayers, to the
extent permitted by the Constitution of the State of Indiana.  (3) Paying
debt service or lease rentals on: bonds; leases; obligations; or any other
evidence of indebtedness of the unit.  (4) Paying the costs of any capital
project.  (5) Use as operating revenue.  (6) Paying pension liabilities of
the unit.  (7) Any other purpose that the fiscal body determines is
necessary, wise, and in the best interests of the residents of the unit.

-- 
Steve Belter                    Wintek Corporation
E-mail: seb@wintek.com          427 N 6th Street
Tel: +1 (765) 742-8428          Lafayette, IN 47901-1189
Fax: +1 (765) 742-0646          United States of America
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