Real property; requires localities to provide individual notice to each taxpayer of certain rates. (HB2127)
Introduced By
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
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Passed Senate |
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Signed by Governor |
☐ |
Became Law |
Description
Real property tax rates; notice. Requires localities to provide individual notice to each real estate taxpayer of certain proposed tax rates. The notice is triggered in any year in which any annual assessment, biennial assessment, or general reassessment at the current rate would result in an increase of one percent or more in the total real property tax revenue in the following year, and the locality's proposed rate would yield in the forthcoming year more than 101 percent of the total real estate tax revenue received in the prior year. The individual notice shall include the property owner's current real property tax levy, the real property tax levy at the proposed rate, as well as two incremental levies for potential rate changes between the current tax rate and the proposed tax rate. Read the Bill »
Outcome
History
| Date | Action |
|---|---|
| 01/08/2007 | Committee |
| 01/08/2007 | Prefiled and ordered printed; offered 01/10/07 078258103 |
| 01/08/2007 | Referred to Committee on Finance |
| 01/18/2007 | Assigned Finance sub: #2 (Ware, R.L.) |
| 01/26/2007 | Impact statement from TAX (HB2127) |
| 01/31/2007 | Reported from Finance with substitute (18-Y 1-N) (see vote tally) |
| 02/01/2007 | Committee substitute printed 077152332-H1 |
| 02/02/2007 | Read first time |
| 02/03/2007 | Read second time |
| 02/03/2007 | Committee substitute agreed to 077152332-H1 |
| 02/03/2007 | Engrossed by House - committee substitute HB2127H1 |
| 02/05/2007 | Read third time and passed House (78-Y 17-N) |
| 02/05/2007 | Communicated to Senate |
| 02/06/2007 | Constitutional reading dispensed |
| 02/06/2007 | Referred to Committee on Finance |
| 02/07/2007 | Impact statement from TAX (HB2127H1) |