Resolution 1980-055[:
arch 4, 1980
RESOLUTION NO. 80- 55
RESOLUTION ENCOURAGING THE LEGISLATIVE
DELEGATION TO SUPPORT.PROPOSED SB 62,
,IMPOSING CAPITAL GAINS TAX ON NONRESIDENT ALIENS.
WHEREAS, the Board of County Commissioners nas reviewed the
proposed legislation-which is being introduced by Senator Dick
Anderson; and
WHEREAS, said legislation 'presently identified as SB 62 for
consideration by the 1980 Legislature provides for the imposing
of a tax on certain capital gains of nonresident aliens and for-
eign corporations when those entities have been exempt from taxa-
tion of capital gains under the U. S. Internal Revenue Code on
sale or exchange of capital assets located in Florida; and
WHEREAS, this Board recognizes that adoption of such legis-
lation will necessitate an amendment to the Constitution of the
State of Florida, specifically Article VII, Section 16 on finance
and taxation;
NOW, THEREFORE, BE IT RESOLVED by the Board of Collier
County Commissioners that we hereby request you to support the
SB 62 to ensure its adoption along with the necessary placement
of the matter on the November 4, 1980 ballot as an amendment
to the Florida Constitution, Article VII, Section 16.
Done and ordered this 4th day of March, 1980 while convened
in regular session.
BOARD OF COUNfy COMMISSIONERS
COLLIER COUNTY, FLORIDA
ATTES
WIL I J.%RE CLERK
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