Establishing the O’Fallon - Penrose Special Business District (SBD)
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.
Board Bill Number: 98
Sponsor: John Collins-Muhammad
Committee: Ways and Means