Bill Description: House Bill 670 [as amended in the Senate] would amend existing law to revise provisions regarding certain limitations of budget requests by taxing districts and to provide certain exceptions to such limits.
Rating: -1
NOTE: House Bill 670 (originally unrated) was amended in the Senate to replace the bill with content similar to, but ultimately worse than what exists in House Bill 842. The analysis will be updated soon.
Analysts note: House Bill 670 [as amended in the Senate] does not have a fiscal note, but the fiscal note for House Bill 842 makes no claim to any actual tax savings, and a series of assertions are not backed up by any tax data. The bill makes a number of changes to property taxes; some of which are clearly positive and others negative, but the short-term impact will be that of higher property taxes.
Does it directly or indirectly create or increase any taxes, fees, or other assessments? Conversely, does it eliminate or reduce any taxes, fees, or other assessments?
The analysis will be updated soon.
(-2)
