Bill Title: Establishes limits upon school district and local government tax levies and provides for voter approval of such limits (Part A); provides for mandate relief (Parts B-D); authorizes tax increment bonds payable from real property taxes levied by a school district within a blighted project area (Part E); establishes a residential-commercial exemption program (Part F); authorizes certain counties, cities and school districts to impose up to a three percent rate of sales and compensating use taxes; preserves the authority of certain counties and a city to impose such taxes at rates in excess of three percent; repeals certain provisions thereof (Part G); relates to tax exemptions for new multiple dwellings; extends provisions relating to rent control (Part H); and establishes an exemption from local taxation in cities having a population of one million or more for newly constructed housing with 3 or less dwelling units.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2012-01-04 - REFERRED TO LOCAL GOVERNMENT [S05758 Detail]

Text: Latest bill text (Amended) [HTML]

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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
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