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AK HB122
Bill
Status
Introduced
2/9/2009
Primary Sponsor
Craig Johnson
Click for details
AI Summary
- Amends AS 29.10.200(56) to reference general obligation bond provisions under AS 29.47.190 and 29.47.200(b)
- Requires municipalities with at least 25,000 residents to include specific information on ballots for general obligation bond proposals
- Ballot information must include a description of general obligation bonded indebtedness retired since the last regular election
- Ballot information must include the estimated annual tax increase per $100,000 of assessed property value and total number of tax years the increase will apply
- Ballot information must include estimated total taxes per $100,000 of assessed property value to be levied during the next two tax years if the bond issue is approved
- Applies to both home rule and general law municipalities
Legislative Description
Municipal General Obligation Bonds
Municipalities
Last Action
REFERRED TO COMMUNITY & REGIONAL AFFAIRS
2/9/2009
Committee Referrals
Community & Regional Affairs2/9/2009
Full Bill Text
No bill text available