SB 405 Raises the outer threshold amount for a county to be eligible to collect a greater percentage of the total taxes collected as a fee
Sponsor: Hegeman
LR Number: 2009S.01T Fiscal Notes
Committee: Jobs, Economic Development and Local Government
Last Action: 7/6/2015 - Signed by Governor Journal Page: S1760
Title: Calendar Position:
Effective Date: August 28, 2015
House Handler: Andrews

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Current Bill Summary


SB 405 - Under current law, county collectors must collect a specified amount of fees for collecting local taxes. In counties where the total amount levied in a year is between $350,000 and $2 million, the fee is 2.5 percent on the first $350,000 collected and 1 percent on the rest. In counties where the total amount levied exceeds $2 million, the fee is 1 percent on all amounts collected.

This act raises the outer threshold amount for a county to be eligible to collect the 2.5 percent on the first $350,000 to $3 million.

This provision is identical to a provision of the truly agreed to and finally passed SCS/HCS/HB 613 (2015), HCS/HB 1154 (2015), HB 1269 (2015), HCS/SCS/SB 245 (2015), and the truly agreed to and finally passed HCS/SS/SCS/SB 87 (2015).

MEGHAN LUECKE