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HB 0244 - New Cities - Taxation for Unfunded County Pension Liabilities
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Tracking Level: Support
Sponsor: Mary Oliver (D)
Last Action: 2/8/2017 - House Second Readers
House Committee: Governmental Affairs
Assigned To:
Annexation/MunicipalizationNext Bill
Auditing/BudgetNext Bill
Larry RamseyNext Bill
Property TaxNext Bill
RetirementNext Bill

Staff Analysis of the Legislation

This bill establishes a process by which a county within which a new city is formed may levy a tax within the newly incorporated city to cover that area's pro-rata share of the county's unfunded pension liability.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

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