HF 2745
Caps property tax growth and limits bond use for operations
The bill limits how much property tax local governments can raise each year and bans using bonds to pay general operating costs. It also changes school funding shares under the education sales tax fund and adds a homeownership savings trust.
Official title
A bill for an act relating to state and local government taxes, budgets, and authority, by modifying provisions relating to the assessment and taxation of property, funding from the secure an advanced vision for education fund, urban renewal areas, establishing a program for certain first-time homebuyers, establishing a local government efficiency grant fund, making appropriations, and including effective date, applicability, and retroactive applicability provisions.(Formerly HSB 596.)
Where it stands
- Introduced
- Committee
- House
- Senate
- Governor
Last action, Apr 16: Amendment H-8374 filed. H.J. 933.
History
- Amendment H-8374 filed. H.J. 933.House · Apr 16
- Fiscal note.House · Apr 8
- Amendment H-8282 filed. H.J. 804.House · Apr 1
- Amendments H-8263 and H-8264 filed. H.J. 753.House · Mar 25
- Introduced, placed on Ways and Means calendar. H.J. 715.House · Mar 23