SB 357 - Wieland, Paul
Requires a tax rate ceiling adjustment after the expiration of a temporary levy increase
Bill Details
Sponsor
LR Number
1501S.01I
Title
SB 357
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2017
Committee
Current Status
Hearing Conducted S Ways and Means Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 357 - This act requires that if the voters in a political subdivision approve an increase to the tax rate ceiling prior to the expiration of a previously approved temporary levy increase, the new tax rate ceiling shall remain in effect only until such time as the temporary levy increase expires under the terms originally approved by a vote of the people, at which time the tax rate ceiling shall be decreased by the amount of the temporary levy increase.
JOSHUA NORBERG