Loading chat...
AZ HB2330
Bill
Status
1/30/2019
Primary Sponsor
Michelle Udall
Click for details
AI Summary
-
Amends Arizona Revised Statutes Section 15-481 to modify how school districts calculate and present assessed valuation information in budget override election materials.
-
Changes the assessed valuation calculation for owner-occupied residences from using the "current year" average to using "the previous five years or the previous ten years, whichever is greater" for Class 3 property classifications.
-
Requires school districts to display estimated property tax amounts for sample homes in override informational pamphlets based on the revised averaged assessed valuation period rather than a single-year snapshot.
-
Applies to all budget override elections where districts seek voter approval to exceed state-imposed revenue control limits or district additional assistance amounts.
Legislative Description
School districts; overrides; assessed valuation
School District Budget
Last Action
House read second time
1/31/2019