Local Option Tax Gets BSEDA Support

Written by Evelyn Pyburn
Wednesday, 18 February 2009 18:25

Economic development interests across the state are putting their all behind a bill this legislative session to open up a new revenue stream for local governments. The idea is that local governments need revenue sources to maintain and develop infrastructure and infrastructure is vital in attracting new businesses and growing existing businesses.
Focus on empowering local governments – cities and counties – with the option of instituting a local option tax was initiated several sessions ago by the Big Sky Economic Development Authority (BSEDA). Having confronted the proposal’s failure before, its proponents are optimistic that they have finally straightened out its kinks and will garner the support necessary to get it passed this year.

http://www.bigskybusiness.com/index.php?option=com_content&view=article&id=193:local-option-tax-gets-bseda-support&catid=18:citycounty&Itemid=15