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2012-2013 Legislative Session

Board Bill Summary

Board Bill#:15
Title:Transit sales tax - 1997
Summary:BOARD BILL NO. 15 INTRODUCED BY PRESIDENT LEWIS REED AND ALDERWOMAN LYDA KREWSON 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, 2012 through, June 30, 2013; 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, 2012 through June 30, 2013; and containing a severability clause.
Sponsor:Lewis E Reed
Co-Sponsors: Lyda Krewson
Committee: Ways and Means
Documents: Introduced

Actions: 04/27/2012 First Reading
05/04/2012 Second Reading
05/11/2012 Informal Calendar
06/01/2012 Perfection
06/08/2012 Third Reading
06/08/2012 Third Reading
Effective Date:07/20/2012
Ordinance #: 69173

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