Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 43 modifies the calculation and application of ad valorem tax rates across various entities, simplifies and standardizes voter-approval tax rate formulas, and repeals several provisions relating to rate adjustment and rollback elections. Notably, it removes provisions allowing more lenient rate increases for certain districts, and streamlines election triggers when tax rates exceed the voter-approval threshold.
Author (1)
Brian Harrison