HB 40

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
HB 40 raises the threshold for voter approval of local property tax rate increases. Instead of a simple majority, it would require at least two-thirds of voters to approve a tax rate that exceeds the voter-approval rate. It updates various provisions of the Tax Code and related public notices to reflect this higher voting requirement.
Author (1)
Brian Harrison
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