PROP TX-TAX DISTRICT SURPLUS
Summary
Amends the Property Tax Code. Provides that no taxing district may hold more than 150% of the previous levy year's property tax collections in cash or cash-equivalent assets. Provides that excess amounts shall be refunded to taxpayers. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
Governor
Introduced Feb 17, 2021
Last action Jan 10, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
15
Key actions
2
Committee
7
Feb 18, 2022
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Feb 10, 2022
Lower · Passed
To Property Tax Subcommittee
lower
Feb 1, 2022
Committee
Assigned to Revenue & Finance Committee
lower
Mar 27, 2021
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 18, 2021
Lower · Passed
To Property Tax Subcommittee
lower
Mar 9, 2021
Committee
Assigned to Revenue & Finance Committee
lower
Feb 19, 2021
Committee
Referred to Rules Committee
lower
1 primary · 5 co-sponsors
Sponsors
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