An amendment to HF 718 has been adopted by the Senate Ways & Means Committee. The language of HF 718 was stricken in its entirety. However, most of the language is similar to what was in the Senate Property Tax Proposal of SF 569, including:
- Consolidated levies
- Levy limitation based on assessment growth
- Single date annually for bond referendums
- Required taxpayer statement mailing
This language cannot be found on the legislative website. However, many cities have been emailed the PDF.
It's important to note that the Governor, Speaker of the House and Senate Majority leader have issued a joint press release calling this an agreed proposal. Additionally, minority leadership in the Senate spoke in favor during the committee hearing indicating bipartisan and broad legislative support.
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