Senate Bill No. 2217 Summary

• Requires unelected governing bodies seeking property tax levy approval to file annual financial reports with county auditors showing ending fund balances for the preceding calendar year before the levy takes effect.

• Applies to airport authorities, county fair associations, weed control boards, job development authorities, park districts, port authorities, commerce authorities, fire protection districts, ambulance service districts, nursing home authorities, vector control districts, hospital districts, health districts, library boards, weather modification authorities, and water resource boards.

• Establishes a general filing requirement in new section 57-15-30.2 covering any taxing entity authorized to levy property taxes or have taxes levied on its behalf.

• County auditors prescribe the time and format for financial report submissions for their respective jurisdictions.

• Effective for taxable years beginning after December 31, 2015.