HB 2567 - DIGEST

     Authorizes the legislative authority of a city with a population of one hundred thousand or more located in a county with a population of three hundred thousand or more but less than one million to impose a sales and use tax in accordance with the terms of this act.

     Provides that moneys collected under this act shall only be used for the purpose of paying principal and interest payments on bonds issued by a city to contract a regional convention, conference, or special events center.