Ordinance 68984

Transit Sales Tax Account Two

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Summary

BOARD BILL NO. 147 INTRODUCED BY PRESIDENT LEWIS REED AND ALDERWOMAN APRIL FORD GRIFFIN An Ordinance pertaining to the Transit Sales Tax imposed pursuant to Section 94.660, RSMo., as adopted and approved by the voters of St. Louis City on November 4, 1997, pursuant to Ordinance 64111 creating the ?City Public Transit Sales Tax Trust Fund? directing the Treasurer of the City of St. Louis to deposit funds received pursuant to said sales tax into the ?City Public Transit Sales Tax Trust Fund ? Account TWO? appropriating $9,975,000 from the said sales tax for the period herein stated to the Bi-State Development Agency for certain purposes; providing for the payment of such funds during the period July 1, 2011 through, June 30, 2012; further providing that in no event shall the Comptroller draw warrants on the Treasurer for an amount greater than the amounts of the proceeds deposited in the ?City Public Transit Sales Tax Trust Fund? during the period of July 1, 2011 through June 30, 2012; containing a severability clause and an emergency clause.

Overview

Session: 2011-2012

Board Bill Number: 147

Sponsor: Lewis E Reed

Committee: Ways and Means

Effective: 10/10/2011

Co-Sponsors:

April Ford Griffin

Legislative History

  • 09/16/2011

    First Reading

  • 09/23/2011

    Second Reading

  • 09/30/2011

    Perfection

  • 09/30/2011

    Third Reading

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