SB149 - Requires a political subdivision to notify voters that a proposed increase in the property tax rate ceiling may be adjusted if there is a subsequent decrease in the amount of assessed valuation from the previous assessment

SB 149

Requires a political subdivision to notify voters that a proposed increase in the property tax rate ceiling may be adjusted if there is a subsequent decrease in the amount of assessed valuation from the previous assessment

Sponsor:

Schatz

LR Number:

0192S.01I

Committee:

Ways and Means

Last Action:

1/11/2017 - Second Read and Referred S Ways and Means Committee

Journal Page:

S108

Title:

Calendar Position:

Effective Date:

August 28, 2017

Current Bill Summary

SB 149 - This act requires that a political subdivision notify voters with ballot language that a proposed increase in the property tax rate ceiling may be subject to an adjustment if the political subdivision subsequently experiences a decrease in the amount of assessed valuation from the previous assessment.

This act is substantially similar to HB 781 (2017).

JOSHUA NORBERG

Amendments