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CO HB1018
Bill
Status
3/1/2017
Primary Sponsor
Diane Mitsch-Bush
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AI Summary
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Extends the repeal date for regional transportation authority (RTA) power to impose a uniform mill levy on taxable property from January 1, 2019 to January 1, 2029
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Maintains the existing authority for RTAs to impose up to five mills on all taxable property within their territory, subject to section 43-4-612 provisions
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Does not affect the power of authorities to establish local improvement districts and impose special assessments as authorized by section 43-4-608
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Requires voter approval through a general election held in November 2018 for the bill to take effect; if a referendum petition is filed, the bill becomes effective only upon official declaration of voter approval by the governor
Legislative Description
Extend Voter Approval Window For RTA Regional Transportation Authority Mill Levy
Last Action
Governor Signed
3/1/2017