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IN HB1154
Bill
Status
1/8/2018
Primary Sponsor
Dave Heine
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AI Summary
HB 1154 Summary
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Applies only to counties with populations between 300,000 and 400,000 and to municipalities that annex territory that is part of a park and recreation district after June 1, 1976.
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Annexed territory remains part of the park and recreation district subject to the same levy as other district property, and the annexing municipality cannot impose an additional park and recreation levy on the annexed territory.
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Park and recreation district fiscal officer must semiannually transfer one-half of property tax revenue from district taxes on property in annexed territory (annexed after June 1, 1976 and before March 4, 1988) to the annexing municipality's parks and recreation department.
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Transfers must occur on June 1 and December 1 of each calendar year beginning after December 31, 2018.
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Effective July 1, 2018.
Legislative Description
Park and recreation districts in annexed territory. Provides that the fiscal officer for a park and recreation district (district) containing territory that a municipality annexes or has annexed shall semiannually transfer to the annexing municipality's parks and recreation department (department) one-half of the property tax revenue attributable to property taxes imposed by the district on property that is within the annexed territory and that was annexed after June 1, 1976, and before March 4, 1988. Establishes a schedule for the fiscal officer for the district in the annexed territory to make the semiannual property tax transfers to the annexing municipality's
Last Action
First reading: referred to Committee on Ways and Means
1/8/2018