Skip to main content
House Bill 1612

House Bill 1612

ARCHIVE (2005)

Latest Information

DIGEST OF HB1612 (Updated February 21, 2005 5:58 pm - DI 84)

Option to terminate payment from property tax. Provides that all leases, bonds, and other obligations that are issued after May 15, 2005, and that include a pledge or guarantee of payment from property taxes are subject to an option to change the source of payment from property taxes to income taxes or another equivalent source of revenue.
Current Status:
Passed 2nd reading - first House
Latest Printing (PDF)