Bill Title: Providing that county clerks are not required to send revenue neutral rate notices to property owners of exempt property, modifying and prescribing the contents of the revenue neutral rate hearing notice, permitting a tax levy that generates the same amount of revenue as the previous year when the final assessed valuation decreases compared to the estimated assessed valuation and requiring that the governing body's vote be conducted on the same day as the commencement of the hearing.

Spectrum: Committee Bill

Status: (Engrossed) 2024-03-18 - House Referred to Committee on Taxation [SB482 Detail]

Text: Latest bill text (Introduced) [PDF]

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