Bill Title: Authorizes funds to municipalities from the UDC in the case of certain tax certiorari challenges or agreed upon settlements resulting in loss of tax revenues or increased tax levies of over twenty percent or in regards to a settlement agreement, a reduction in real property taxes or a payment in lieu of taxes of at least twenty percent in the aggregate over the term of such settlement agreement; and permits the establishment of tax certiorari stabilization reserve funds.

Spectrum: Slight Partisan Bill (Republican 2-1)

Status: (Introduced - Dead) 2020-01-08 - REFERRED TO FINANCE [S02852 Detail]

Text: Latest bill text (Amended) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator John Flanagan [R]	Primary	Sponsored Bills	SD-002	FollowTheMoney	Ballotpedia	VoteSmart
Senator Kenneth LaValle [R]	Cosponsor	Sponsored Bills	SD-001	FollowTheMoney	Ballotpedia	VoteSmart
Senator James Gaughran [D]	Cosponsor	Sponsored Bills	SD-005	FollowTheMoney	Ballotpedia	VoteSmart

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