H 3113 General Bill, By Cobb-Hunter and Jennings
Similar (H 3112, H 3285)
Summary: Property Tax Relief Fund, reimbursement to school districts insufficient for base year operating millage; Board duties
    A BILL TO AMEND SECTION 12-37-251, AS AMENDED, OF THE 1976 CODE, RELATING TO THE PROPERTY TAX RELIEF FUND, SO AS TO PROVIDE THAT TAXING DISTRICTS OTHER THAN JUST SCHOOL DISTRICT, BE REIMBURSED FROM THE PROPERTY TAX RELIEF FUND, TO PROVIDE FOR THE REIMBURSEMENT ON A PER CAPITA BASIS FROM REVENUES CREDITED TO THE STATE PROPERTY TAX RELIEF FUND, AND TO PROVIDE THAT IF THE AMOUNT REIMBURSED TO A SCHOOL DISTRICT IS INSUFFICIENT TO REIMBURSE FULLY FOR THE BASE YEAR OPERATING MILLAGE, THE SCHOOL BOARD SHALL CALCULATE A SCHOOL OPERATING MILLAGE SUFFICIENT TO MAKE UP THE SHORTFALL.
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12/16/98	House	Prefiled
12/16/98	House	Referred to Committee on Ways and Means
01/12/99	House	Introduced and read first time HJ-43
01/12/99	House	Referred to Committee on Ways and Means HJ-43