Ordinance 71257

Establishing the O’Fallon - Penrose Special Business District (SBD)

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Summary

The proposed bill would establish a special business district pursuant to Sections 71.790 through 71.808 of the Revised Statutes of Missouri, to be known as the O’Fallon - Penrose Special Business District. The bill sets the district’s boundaries, tax rate, initial rate of levy subject to the approval of the qualified voters, and uses to which the tax revenue may be put, and creates a board of commissioners for its administration.

Overview

Session: 2020-2021

Board Bill Number: 98

Sponsor: John Collins-Muhammad

Committee: Ways and Means

Effective: 12/18/2020

Legislative History

  • 09/18/2020

    First Reading

  • 10/30/2020

    Second Reading

  • 11/06/2020

    Perfection

  • 12/04/2020

    Third Reading

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