SB490

Kansas SB490 allows municipalities to impose a privilege tax on selling alcoholic beverages, food, and tobacco within community improvement districts.

Kansas SB490 amends state law to authorize municipalities to impose a privilege tax on the sale of alcoholic beverages, food, and tobacco within community improvement districts. This tax is intended to finance projects within these districts, such as infrastructure improvements, public amenities, and economic development activities. The tax rate can be up to 1%, in increments of 0.10% or 0.25%, and is levied on the gross receipts from the sales of these items. The bill also outlines procedures for creating community improvement districts, including public hearings and petition requirements.