Champlin can impose a local sales tax to fund a new indoor athletic facility.
The bill authorizes the City of Champlin to impose a local sales tax, up to one-half of one percent, to finance the construction of a new indoor athletic facility. The tax can only be imposed if approved by voters. The tax revenue will also cover the costs of collecting and administering the tax. The tax can be levied until the project costs and associated bonding costs are fully paid, or earlier if the city council decides. The tax is not subject to certain debt limitations and levy restrictions.
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- Core Provisions
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- Impact
- Legal Framework
- Critical Issues
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