HB560 REQUIRES PAYMENTS TO SCHOOL DISTRICTS WHEN PROPERTY TAXES ARE ABATED.
Sponsor: Hilgemann, Robert (64) Effective Date:00/00/0000
CoSponsor: LR Number:1110-01
Last Action: 01/27/1999 - Referred: Education-Elementary and Secondary (H)
HB560
Next Hearing:Hearing not scheduled
Calendar:Bill currently not on calendar
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* Introduced

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BILL SUMMARIES

INTRODUCED

HB 560 -- Property Tax Abatement

Sponsor:  Hilgemann

This bill requires any constitutional charter city which abates
property from real property tax assessment for purposes of a
redevelopment or urban renewal plan to reimburse to any school
district affected by the abatement 10% of the property taxes the
school district would have received if the property was not
abated.


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Last Updated September 30, 1999 at 1:25 pm