15-16-803. Suspension of certain local government taxes. (1) The governing body of a county, consolidated government, or incorporated city or town may suspend for 36 months from May 22, 1989, delinquent taxes, penalties, and interest for an airline described in 15-16-802 located within its jurisdiction for any of the taxable years provided in 15-16-802.
     (2) Before a tax suspension may be granted, the governing body of a county, consolidated government, or incorporated city or town shall approve the tax suspension by resolution, after notice and hearing.
     (3) The tax suspension described in subsection (1) applies only to the number of mills levied for local high school district and elementary school district purposes and to the number of mills levied and assessed by the governing body approving the exemption over which the governing body has sole discretion.

     History: En. Sec. 2, Ch. 699, L. 1989.