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H04502018 Regular Session

Amends existing law to provide that a taxing district wishing to disclaim the right to recover a forgone budget increase shall provide notice, hold a hearing and adopt a resolution, a copy of which shall go to the county clerk and the State Tax Commission.

BUDGETS -- Amends existing law to provide that a taxing district wishing to disclaim the right to recover a forgone budget increase shall provide notice, hold a hearing and adopt a resolution, a copy of which shall go to the county clerk and the State Tax Commission.

IntroducedIn CommitteeFloor VoteEnacted
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Taxing districts, such as cities and counties, may elect to disclaim any or all of their forgone balance for the current year. This bill adds flexibility as to when the district may adopt such a resolution. It also requires that the resolution be filed with the county clerk and the state tax commission.

house Chamber· Feb 12, 2018

House Third Reading

✓ Passed
56 Yea
13 Nay
1 absentPassed by 43 votes
Republican
56 yea/2 nay
Democrat
0 yea/11 nay
Show all 69 voter names

ABSENT / NOT VOTING (1)

Introduced, read first time; referred to: Local Government & Taxation

Session
2018
Chamber
house
Status date
Feb 12, 2018
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