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2006 SESSION
SB 219 Revenue-neutral tax rate; locality to calculate and publish in its budget.
Introduced by: Frederick M. Quayle (by request) | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Reassessment of real property; publication of revenue-neutral tax rate. Requires a locality to calculate and publish in its budget a revenue-neutral tax rate in years in which real estate in the locality has been reassessed. The revenue-neutral tax rate is calculated for comparison purposes to demonstrate the tax rate that would be required to produce the same amount of revenue in the next fiscal year as if real estate had not been reassessed.
FULL TEXT
HISTORY
- 01/10/06 Senate: Prefiled and ordered printed; offered 01/11/06 064301800
- 01/10/06 Senate: Referred to Committee on Local Government
- 01/17/06 Senate: Reported from Local Government (14-Y 0-N)
- 01/19/06 Senate: Constitutional reading dispensed (39-Y 0-N)
- 01/19/06 Senate: VOTE: (39-Y 0-N)
- 01/20/06 Senate: Read second time and engrossed
- 01/23/06 Senate: Read third time and passed Senate (39-Y 0-N)
- 01/23/06 Senate: VOTE: (39-Y 0-N)
- 01/23/06 Senate: Communicated to House
- 01/25/06 House: Placed on Calendar
- 01/25/06 House: Read first time
- 01/25/06 House: Referred to Committee on Counties, Cities and Towns
- 02/24/06 House: Stricken from docket by Counties, Cities and Towns by voice vote