SB 149 - Schatz, Dave
Requires a political subdivision to notify voters that a proposed increase in the property tax rate ceiling may be adjusted if there is a subsequent decrease in the amount of assessed valuation from the previous assessment
Bill Details
Sponsor
LR Number
0192S.01I
Title
SB 149
House Handler
N/A
Journal Page
Effective Date
August 28, 2017
Committee
Current Status
Second Read and Referred S Ways and Means Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 149 - This act requires that a political subdivision notify voters with ballot language that a proposed increase in the property tax rate ceiling may be subject to an adjustment if the political subdivision subsequently experiences a decrease in the amount of assessed valuation from the previous assessment.
This act is substantially similar to HB 781 (2017).
JOSHUA NORBERG