Bill

Bill > H0201


ID H0201

ID H0201
Amends and adds to existing law to provide that certain nonschool taxing districts may certify a budget request to fund a judicially confirmed obligation under certain conditions.


summary

Introduced
02/26/2019
In Committee
03/13/2019
Crossed Over
03/04/2019
Passed
Dead
Signed/Enacted/Adopted
03/25/2019

Introduced Session

2019 Regular Session

Bill Summary

PROPERTY TAX LEVIES -- Amends and adds to existing law to provide that certain nonschool taxing districts may certify a budget request to fund a judicially confirmed obligation under certain conditions.

AI Summary

This bill amends and adds to existing law to provide that certain nonschool taxing districts with a population under 7,500 may certify a budget request to fund a judicially confirmed obligation, under certain conditions. The key provisions include: allowing a budget request to exceed the property tax revenue limitations if the district has held recent elections on the debt, uses all surplus funds, and the obligation exceeds one-third of the district's budget; requiring voter approval for the district to exercise these powers; and allowing counties to issue bonds to fund such obligations.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Revenue and Taxation Committee (House)

Last Action

Reported Signed by Governor on March 25, 2019 Session Law Chapter 205 Effective: Retroactive to 01/01/2019 (on 03/25/2019)

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