Board Bill Number 103 In Session 2006-2007

Creation of City Public Sales Tax Trust Fund

Summary

An Ordinance pertaining to the Transportation Sales Tax imposed pursuant to Senate Bill 432 as adopted and approved by the voters of St. Louis City on August 2, 1994, pursuant to Ordinance 63168; 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" appropriating NINE MILLION, SIX HUNDRED, SIXTY-SEVEN THOUSAND DOLLARS ($9,667,000) 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, 2005 through, June 30, 2006 ; 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, 2006 through June 30, 2007 ; containing a severability clause.

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Overview

Session: 2006-2007

Primary Sponsors: President James F Shrewsbury

Ordinance: 67209 effective 08/31/2006

Committee: Ways and Means

Co-Sponsors:

Stephen Conway

Legislative History

Legislative activities for this board bill. Learn more about what these activities mean.

  • 06/09/2006

    First Reading

  • 06/30/2006

    Second Reading

  • 07/07/2006

    Perfection

  • 07/14/2006

    Informal Calendar

  • 07/21/2006

    Third Reading

Ordinance

Ordinance Number: 67209

Effective Date: 08/31/2006

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