Require voted levies to be in dollars rather than mills

Formatting errors in the header and bill number duplication were corrected or altered during the transition between versions.

The bill now amends Section 15-10-425 in addition to Section 15-10-420, broadening the application of the new calculation provisions.

The repeal of Section 7-6-4431 was removed, ensuring this existing law remains active and is not abolished by this bill.

Removed the exemption for non-school district levies, requiring them to be calculated using the same inflation-adjusted formula as school districts.

Added specific restrictions preventing local governments from increasing mill levies to offset tax base losses caused by state legislative actions that include reimbursement provisions.

Added a new provision requiring the department to calculate mill levies for specific statewide programs (like education and health) in tenths of mills, rounding up if necessary.

Refined the definition of 'newly taxable property' to explicitly include increases in value from tax increment financing district base value adjustments.

Clarified that the inflation adjustment calculation applies to all governmental entities, not just school districts, ensuring uniformity in how property tax levies are calculated.

Added a specific exception stating that school district levies are exempt from the standard inflation calculation provisions found in 15-10-425(2)(b).

Added an exception allowing school districts to increase mill levies to account for a loss of tax base resulting from legislative actions that are reimbursed by the state.

The calculation method for property tax levies is adjusted to explicitly exclude school district levies and levies for newly created regional resource authorities from the standard inflation-adjusted formula.

New provisions prevent governmental entities from increasing tax millage to compensate for a loss of tax base if that loss is reimbursed by the state under specific legislative provisions.

The bill mandates that mill levy calculations must be rounded up to the nearest tenth of a mill if the result is not an exact tenth.

A new exception allows judgment levies, emergency levies, and levies for study commissions to bypass the standard calculation restrictions.

Definitions regarding 'newly taxable property' and the calculation of taxable value for subdivisions and improvements were refined to clarify what counts as new value versus existing value.

The bill number was updated from HB0020.2 to HB0020.3.

The text of the bill was reorganized with changes in line breaks and paragraph spacing, though the substantive legal language regarding tax calculations appears preserved.

The bill title was amended to specify that the rules apply to voted levies other than school district levies, clarifying the legislation's target audience.

The calculation provisions for levies were updated to be adjusted for inflation, ensuring the financial thresholds remain relevant over time.

A new category of eligible levy was added to cover the costs incurred by a county when transferring property records to an adjoining county due to a boundary relocation.

The bill number and title were updated to HB 20.1, and the title was clarified to explicitly state that non-school levies are subject to the inflation calculation provisions.

A new specific eligibility criterion was added for levies imposed to reimburse counties for the costs of transferring property records when a county boundary is relocated.

The bill's title was amended to specify that the rules apply to voted levies other than school district levies, clarifying the legislation's target.

The calculation method for levies was updated to include an inflation adjustment based on 15-10-420.

The specific eligibility for levies reimbursing counties for property record transfers during boundary relocations was deleted.

The bill's title was amended to remove the restriction limiting the law to school district levies, making it applicable to all voted levies.

A new eligibility category was added to allow levies specifically for reimbursing counties that incur costs when transferring property records due to boundary relocations.

The bill number was changed from HB 20.2 to HB 20.1, and the title was slightly rephrased to reflect the expanded scope.

The bill's title was updated to explicitly state that it applies to voted levies other than school district levies, clarifying the types of levies covered.

The calculation provisions for voted levies were adjusted to include an inflation adjustment, ensuring the dollar amounts remain relevant over time.

The bill was renumbered from HB 20.1 to HB0020.2, and the header formatting was updated to reflect the new version.

Added authority for governmental units to impose property tax levies to reimburse counties for costs incurred when transferring property records due to county boundary relocations.

Updated bill numbering from LC 0088 to HB 20 and added official print version headers.