Bill Title: Provides that for the tax year starting December 1, 2020, payments in lieu of taxes shall not equal more than two percent of the increase in total tax rate for the current tax year over the total tax rate of the prior tax rate, if any, based upon the assessed value as reflected on the final assessment roll of the current tax year.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-01-08 - referred to corporations, authorities and commissions [A07802 Detail]

Text: Latest bill text (Introduced) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Assemblymember Fred Thiele [D]	Primary	Sponsored Bills	HD-001	FollowTheMoney	Ballotpedia	VoteSmart

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