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SB 41, 70th 2nd C.S.

Relating to the creation of nonprofit corporations for the purpose of financing by and on behalf of taxing units their budgeted expenditure requirements pending tax and other revenue collections; authorizing the issuance of tax anticipation notes by taxing units and their sale to and purchase by such nonprofit corporations.

Last action: Point of order sustained

Author: Hugh Parmer
Sponsor: Lena Guerrero

Subjects:
Corporations & Associations
Taxation--City
Taxation--County
Taxation--Property-Assessment & Collection

House Committee: Ways & Means ()
Minutes: July 16 1987
Senate Committee: Intergovernmental Relations ()
Minutes: July 7 1987 | July 14 1987

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