Bill Title: Controlled project referendum. Provides that if the estimated increase in a political subdivision's property tax levy for debt service for a proposed controlled project will be offset in whole or in part because of the retirement of existing debt of the political subdivision, the proper officers of the political subdivision may adopt a resolution that does the following: (1) Includes a schedule that specifies certain information concerning the debt service for the controlled project and the expected changes in the political subdivision's total debt service payments that will result because the debt service for the controlled project will be offset

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced - Dead) 2018-01-09 - Representative Cook added as coauthor [HB1045 Detail]

Text: Latest bill text (Introduced) [PDF]

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