BILL · 2007–08 SESSION

HB 2334: Regular property taxes

Authorizing regular property tax increases in excess of one percent growth for limited purposes including the funding of infrastructure and the reduction of impact fees.

Summary

  • Modifies the existing limitations on regular property tax growth to allow, absent a public vote, taxing districts to increase regular levies by a factor of up to 100 percent plus inflation.
  • Requires local jurisdictions that increase regular levies in excess of 101 percent to use the incremental revenue for capital facility improvements before any other use.
  • Requires the incremental revenue received by the state in excess of 101 percent growth to be used for a competitive grant program for school facilities in high-growth school districts.
  • Restricts local jurisdiction authority to impose impact fees if the jurisdiction increases its regular levy in excess of 101 percent or if a school district for which the jurisdiction collects fees receives funds under the new competitive grant program.

From the House Bill Analysis 2007 (HB 2334), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 21, 2007
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Mark Ericks (D-1)
Introduced
February 21, 2007 in the House
Last action
January 14, 2008
Budget
Has a fiscal note

AN ACT Relating to authorizing regular property tax increases in excess of one percent growth for limited purposes including the funding of infrastructure and the reduction of impact fees;

Sponsors

Prime sponsor: Mark Ericks (D-1)

4 co-sponsors (3 Democrats, 1 Republican)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Finance.

HB 2334 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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