|
Senate Bill 900 |
Senate Author: Gallegos |
|
Effective: 6-17-11 |
House Sponsor: Thompson |
Senate Bill 900 amends the Special District Local Laws Code to rename the Aldine Improvement District as the East Aldine Management District and to add territory to the district. The bill authorizes revenue from the district sales and use tax to be used for any purpose for which revenue of the district may be used. The district's board of directors may establish one or more areas in the district as a special sales and use tax zone under certain conditions. The special sales and use tax rate may be different from the sales and use tax rate imposed in the rest of the district if the rate is approved by a majority of the zone's voters, but the combined rate of sales and use taxes imposed by the district and other political subdivisions may not exceed two percent at any location in the district. The bill exempts from a special sales and use tax the sale, production, distribution, lease, or rental of, and the use, storage, or other consumption within a special sales and use tax zone of, a taxable item sold, leased, or rented by a retail electric provider; an electric utility or a power generation company; a gas utility or a person who owns pipelines used for the transportation or sale of oil or gas or a product or constituent of oil or gas; a person who owns pipelines used for the transportation or sale of carbon dioxide; a telecommunications provider; or a cable service provider or video service provider.