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2007 SESSION
HB 2127 Real property; requires localities to provide individual notice to each taxpayer of certain rates.
Introduced by: Timothy D. Hugo | all patrons ... notes | add to my profiles
SUMMARY AS PASSED HOUSE: (all summaries)
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 new rate derived from its new proposed budget 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 previous year's real property tax levy, the real property tax levy at the derived rate.
FULL TEXT
- 01/08/07 House: Prefiled and ordered printed; offered 01/10/07 078258103 pdf | impact statement
- 02/01/07 House: Committee substitute printed 077152332-H1 pdf | impact statement
HISTORY
- 01/08/07 House: Prefiled and ordered printed; offered 01/10/07 078258103
- 01/08/07 House: Referred to Committee on Finance
- 01/18/07 House: Assigned Finance sub: #2 (Ware, R.L.)
- 01/31/07 House: Reported from Finance with substitute (18-Y 1-N)
- 02/01/07 House: Committee substitute printed 077152332-H1
- 02/02/07 House: Read first time
- 02/03/07 House: Read second time
- 02/03/07 House: Committee substitute agreed to 077152332-H1
- 02/03/07 House: Engrossed by House - committee substitute HB2127H1
- 02/05/07 House: Read third time and passed House (78-Y 17-N)
- 02/05/07 House: VOTE: PASSAGE (78-Y 17-N)
- 02/05/07 House: Communicated to Senate
- 02/06/07 Senate: Constitutional reading dispensed
- 02/06/07 Senate: Referred to Committee on Finance
- 02/15/07 Senate: Left in Finance