HB286 Summary

• Proposes a local constitutional amendment for Jefferson County authorizing the county governing body to levy and collect a special school district ad valorem tax in each school district at a rate not exceeding $0.75 per $100 of taxable property.

• Tax levy requires prior approval by majority vote of qualified electors in each respective school district, with elections held according to procedures established for Amendment No. 3, Section 2.

• Tax proceeds must be collected by the Jefferson County Tax Collector under state tax collection laws and delivered to the local board of education having control of the school district where the tax is levied.

• Defines "school district" to include cities with boards of education, school districts containing incorporated municipalities, and any school districts created or designated by the County Board of Education for purposes of this tax.

• Tax proceeds are restricted for exclusive use by the school district where levied for public school purposes, including any lawful purpose the local board of education may apply or expend funds toward, or for paying indebtedness or obligations of the board; tax duration cannot exceed 30 years from the election date.