In Council's ongoing effort to find more places to allow advertising - and to raise more dough for the city's coffers - Councilman William K. Greenlee introduced a bill today to allow newsstands to sell digital advertising on all sides and to permit newsstands to display ads on vinyl wrapping.
The bill would impose a seven percent excise tax, which is consistent with taxes already charged for advertising on private property, Greenlee said.
"Allowing for enhanced advertising on newsstands is a win-win for the city, as it generates more revenue and helps small business owners become more successful," he said in a statement.
The bill also would allow newsstands to sell non-alcoholic bottled drinks.
Council President Darrell L. Clarke has previously trumpeted advertising on city property as a rich vein for mining new tax revenues for the city.
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