PROP TX-PTELL-TRANSFER SVC
Synopsis of Bill as introduced:
Amends the Property Tax Extension Limitation Law in the Property
Tax Code. In the provisions concerning the merging and consolidating
of taxing districts, provides that if the service and corresponding
portion of the aggregate extension base transferred to a taxing
district are for a service for which the transferee district does not
currently levy, the provisions requiring a referendum to establish a
new levy shall not apply. Effective immediately.
FISCAL NOTE (Dpt. of Revenue)
SB 1331 does not create a fiscal impact to the State.
STATE MANDATES ACT FISCAL NOTE
Fails to create a State mandate.
HOME RULE NOTE
Fails to preempt home rule authority.
HOUSING AFFORDABILITY NOTE
No fiscal effect on a single-family residence.
Last action on Bill: PUBLIC ACT.............................. 90-0719
Last action date: 98-08-07
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status