Loading...
HomeMy WebLinkAbout04-22-93-2.15 - Resolution - 04/22/1993RESOLUTION NO. 4-22-93-2.15 A RESOLUTION SUPPORTING S.B. 1021 AND H.B. 2504 REGARDING THE ALLOCATION OF AD VALOREM TAX PAID ON COMMERCIAL PASSENGER AIRCRAFT. WHEREAS S.B. 1021 and H.B. 2504 have been introduced in the Texas Legislature; and WHEREAS, the proposed legislation will require that the total market value of a commercial air carrier that is taxable by each taxing unit be determined according to the ratio of the number of departures of the aircraft from the taxing unit bears to the total departures of the aircraft in the state; and WHEREAS, such legislation would be in the best interest of the citizens of College Station; NOW, THEREFORE, be it resolved by the City Council of the City of College Station that it supports S.B. 1021 and H.B. 2504 regarding the allocation of ad valorem tax paid on commercial passenger aircraft. PASSED and APPROVED the ~ ~,~a day of April, 1993. Approved: Attest: