House of Representatives

SB 1330

districts; public lighting

Sponsor: Sen. Mitchell

 

w/d

Committee on Energy, Utilities & Technology
DP

Committee on Counties and Municipalities
DPA

Committee on Ways and Means

dpa

Caucus and COW

DPA

Third Read

 

DPA

As Passed the House

X

As Transmitted to the Governor

 

 

SB 1330 authorizes the governing body of an improvement district to levy equally apportioned property taxes. Allows real property owners to petition an improvement district’s governing body to levy either ad valorem or equally apportioned property taxes. 

History

Special taxing districts are funded by ad valorem property taxes levied on all property within the district limits. A special taxing district levy is a secondary levy and is based on the full cash valuation of the property. Statute requires these taxes to be assessed at the same time and in the same manner as county taxes.

SB 1330 allows the governing body of an improvement district for public lighting the option to assess property on an equal apportionment basis. This bill also allows real property owners to petition the governing body of the applicable district to levy either ad valorem or equally apportioned property taxes. A fiscal note has been prepared and there is no impact to the state general fund.

Provisions

·              Authorizes the governing body of an improvement district for public lighting the option to levy property taxes by an equal apportionment based on the number of the properties within the district.

·              Requires the governing body of an improvement district to publish notice of the statements and estimates of district expenses.

·              Allows real property owners to petition the governing body to levy ad valorem or equally apportioned taxes.

·              Requires the governing body of an improvement district to approve property tax petitions, pending receipt of the required number of qualifying signatures.

 

·              Provides that method of property taxation adopted in district petitions will take affect on a date prescribed by the governing body of the applicable improvement district.

·              Allows the governing body of an improvement district to levy equally apportioned taxes based on property classification as well as the number of properties.

 

 

 

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45th Legislature                       

Second Regular Session            2          June 4, 2002

 

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