Real estate tax; limitation on tax rate by localities. (HB1888)

Introduced By

Del. Dave Albo (R-Springfield)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Real estate tax; limitation on tax rate. Provides that the total tax revenue in a locality may not exceed 105% of the total tax revenue in the locality in the immediately prior year unless approved by at least a two-thirds majority vote of the local governing body. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/04/2007Committee
01/04/2007Prefiled and ordered printed; offered 01/10/07 078016204
01/04/2007Referred to Committee on Finance
01/10/2007Assigned Finance sub: #2 (Purkey)
01/19/2007Impact statement from TAX (HB1888)