STATEHOUSE (Jan. 23, 2018) – A bill that would authorize the County Council of Vigo County to adopt a county food and beverage tax recently passed out of Senate Committee on Tax and Fiscal Policy by a vote of 11-0, said State Sen. Jon Ford (R- Terre Haute).
Senate Bill 35, authored by Ford, would mandate the revenue from the tax be distributed to the capital improvement board to support a downtown convention center and hotel complex to increase tourism development. The bill states the tax rate may not exceed 1 percent.
“The 1 percent tax is estimated to bring nearly $2 million in new revenue to Vigo County annually,” Ford said. “I am pleased to say the community, along with the Mayor and City Council of Terre Haute, the Terre Haute Chamber of Commerce, the Vigo County Commissioners, the Vigo County Council, and many other Vigo County organizations have come together in support of giving Vigo County the opportunity to grow.”
The bill now heads to full Senate for further consideration.
-30-
Contact: Lauren Beatty, Press Secretary
lauren.beatty@iga.in.gov
317-234-9221
Savannah Kerstiens, Press Secretary Intern
savannah.kerstiens@iga.gov
