Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
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