Bill > HB1703

This bill allows counties to levy a local property tax that is wholly credited against the state property tax, in order to provide support and services for veterans' assistance and for persons with developmental disabilities or mental health needs. It amends existing laws to set the levy rate at 2.5 cents per $1,000 of assessed property value for developmental disabilities and mental health services, and between 1.8 and 27 cents per $1,000 for veterans' assistance. The bill specifies that the local levy must be deducted from the state property tax at no cost to the county, and outlines how the funds can be used. The bill takes effect on July 1, 2023.