Short title

Definitions. Purpose; legislative findings. Tourism attractions agreements; execution; 10-year term; sales and use tax refund; administrative regulations. Standards for filing tourism attraction project applications; analysis of projects by independent consultants; conditions of eligibility and approval. Authority of Department of Community Affairs to enter into agreements with approved companies; required terms and provisions of agreements. Compliance subject to review by Department of Community Affairs; failure to abide by terms of agreement. Transfer of rights, duties, and obligations to successor company. sources for transportation. Section 3 of that Act provided that Article 5 would have become effective January 1, 2009, but only upon ratification at the November, 2008, state-wide general election of a resolution amending the Constitution authorizing such funding. No such resolution was adopted by the 626 T.48, C.8 SALES AND USE TAXES General Assembly and, consequently, the referendum did not occur and Article 5 was not given effect.