92nd General Assembly
Summary of HB5828
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Status
House Sponsors:
COULSON.

Short description: 
PROPERTY TAX CAPS-RATE FACTOR                                              

Synopsis of Bill as introduced:
        Amends the Property Tax Extension Limitation Law in the  Property      
   Tax  Code.  Provides  that  a  taxing district that does not intend to      
   avail itself of a provision  in  the  Code  allowing  it,  in  certain      
   circumstances, to increase its tax rate above the amount approved in a      
   referendum  shall  provide  notice of that intent to the voters of the      
   taxing district at the referendum called for increasing the  tax  rate      
   of  the  taxing district. Provides that the notice shall appear on the      
   ballot on which the proposition is printed, but shall not appear as  a      
   part of the proposition. Provides that a taxing district that provides      
   this  notice  may  not  avail  itself  of the provision allowing it to      
   increase its tax rate above  the  amount  approved  in  a  referendum.      
   Effective immediately.                                                      
        HOUSE AMENDMENT NO. 1.                                                 
        Deletes everything after the enacting clause. Reinserts the  bill      
   as  introduced  but provides that a certified copy of the notice shall      
   be filed with the county clerk of each county having jurisdiction over      
   any  territory  of  the  respective  taxing  district  in  which   the      
   proposition  is  to  be submitted to referendum (rather than appear on      
   the ballot on which the proposition is printed). Changes  the  wording      
   of  the  notice  to  refer  only  to  the  statutory  citation  of the      
   provisions the taxing district does not intend  to  avail  itself  of.      
   Effective immediately.                                                      
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status