SJR 015 Removes authorization for political subdivisions to revise tax levies to adjust for inflation
Sponsor:Klarich
LR Number:S0919.01I Fiscal Note:0919-01
Committee:Ways and Means
Last Action:02/23/99 - Hearing Scheduled But Not Heard S Ways & Means Journal page:
Committee
Title:
Effective Date:Contingent
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Current Bill Summary

SJR 15 - This proposed constitutional amendment, if approved by the voters, remove the current authorization for a political subdivision to use an inflationary growth factor to calculate the increase in the assessed valuation of property in revising its tax levy.
RUSS HEMBREE