STATEHOUSE – State Representative Eric Koch (R-Bedford) has authored legislation that would authorize the town of Nashville to use its food and beverage taxes to finance, construct, improve, equip, operate and maintain sidewalks and other streetscape improvements. The bill, House Bill (HB) 1133, passed out of the House on third reading with a unanimous vote today.
“This is not a new tax, and this is not a tax increase,” said Rep. Koch. “This is simply a modification of current law that would allow the town of Nashville to expand the use of its food and beverage tax revenue to improve its sidewalks and streetscapes.”
Under current law, the food and beverage tax revenue can only be used for public parking and restroom facilities. HB 1133 would expand what the revenue can be used for to include sidewalks and streetscapes. The bill will not affect Nashville’s total food and beverage tax collections.
Nashville food and beverage tax revenue is deposited in the town’s Food and Beverage Tax Receipts Fund. Nashville’s current food and beverage tax rate is one percent of the price received by merchants from sales of food and beverages, and raised approximately $146,000 in CY 2012.
HB 1133 will be sponsored by Sen. Brent Steele (R-Bedford) and will now be discussed and debated in the Senate. To stay up-to-date on bills as they move through the legislative process, visit www.in.gov/legislative.