BILL · 2017–18 SESSION

SB 5062: Bond levy increase period

Extending the period for which a bond levy may be increased.

Summary

  • Increases the maximum period for an increased property tax levy with a limited purpose that includes making redemption payments on bonds from nine years to thirty years.

From the Senate Bill Report (SB 5062), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 11, 2017
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Senator (D-22)
Introduced
January 11, 2017 in the Senate
Last action
January 8, 2018
Companion bill
HB 1344
Budget
Has a fiscal note

AN ACT Relating to extending the period for which a bond levy may be increased;

Sponsors

Prime sponsor: Senator (D-22)

1 co-sponsor (0 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. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. By resolution, reintroduced and retained in present status.
  5. On motion, referred to Ways & Means.
  6. LGOV - Majority; do pass.
  7. First reading, referred to Local Government.

SB 5062 in other sessions

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

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