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AK SB232

Bill

Official Source

Status

Introduced

1/19/2010

Primary Sponsor

William Wielechowski

Click for details

Origin

Senate

26th Legislature

AI Summary

  • Increases the maximum assessed value exemption for residential property from $20,000 to $50,000 per residence
  • Allows municipalities to classify and exclude, exempt, or partially exempt one or more types of residential property from taxation by voter-approved ordinance
  • Permits exemptions to apply to taxes levied in service areas for funding special services
  • Requires voter ratification at an election for any residential property tax exemption or exclusion ordinance

Legislative Description

Municipal Residential Property Taxes

Municipalities

Last Action

REFERRED TO FINANCE

2/19/2010

Committee Referrals

Finance2/19/2010
Community & Regional Affairs1/19/2010

Full Bill Text

No bill text available