S10482021 Regular Session
Amends existing law to revise provisions regarding the limitation on taxing district budget requests.
TAXING DISTRICTS -- Amends existing law to revise provisions regarding the limitation on taxing district budget requests.
TAXING DISTRICTS
STATEMENT OF PURPOSE
This legislation changes the cap on growth of property tax budgets to prevent increases that exceed the growth in income of citizens when there are periods of rapid growth combined with rapid increases in assessed value.
LATEST ACTION
Reported Printed; referred to Local Government & Taxation
BILL INFO
- Session
- 2021
- Chamber
- senate
- Status date
- Feb 3, 2021