HB 1995 -- Property Tax: Tax Rates
Co-Sponsors: Dempsey, Bearden, Hendrickson, Dolan, Scott
This bill requires a vote of the people before a taxing
jurisdiction is allowed to roll-up a property tax rate from the
calculated tax rate to the tax rate ceiling for each
jurisdiction. Under current law, each jurisdiction can roll-up
the tax rate to the tax rate ceiling without a vote of the
people.
The bill also requires the taxing jurisdiction to present proper
documentation to the State Auditor for certification of the tax
rate.
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Last Updated October 11, 2002 at 9:03 am