Bill
LC 990
Overview: Bill Number: LC 990, Title: Revise property tax levies to fixed dollar amount subject to voter re-approval, Status: (LC) Draft Died in Process, Introduced: November 11, 2
Overview: Bill Number: LC 990, Title: Revise property tax levies to fixed dollar amount subject to voter re-approval, Status: (LC) Draft Died in Process, Introduced: November 11, 2024
Purpose and Intent: This bill aims to revise property tax levies by setting them to a fixed dollar amount that would require voter re-approval. The goal is to provide more transparency and local control over property tax increases.
Key Provisions:
- Sets property tax levies to a fixed dollar amount rather than a percentage of assessed value
- Requires voter approval to increase the fixed dollar amount of the levy
- Establishes a process for local governments to seek voter re-approval of the fixed levy amount
Affected Parties and Impacts:
- Homeowners and property owners who would be subject to the fixed property tax levies
- Local governments that would need to seek voter approval for any increases to the fixed levy amounts
Procedural and Timeline Considerations:
- This bill was in the draft (LC) stage and did not advance further in the legislative process before the session ended.
Compiled from official sources — confirm details with the bill’s official record.
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