6494 AMH FISR GRIF 2

SB 6494 - H AMD

By Representative Fisher

     On page 19, after line 22, insert the following:

A(3) Any agency imposing taxes under subsections (1) or (2) of this section with voter approved levies for the imposition of such taxes on an annual basis prior to January 1, 2003 may, by resolution of the authorizing board, adjust the rate of tax for registrations that are due or become due beginning January 1, 2003 to reflect the change from annual to biennial collections so that the total tax collected for each registration is unchanged.@

EFFECT: Provides authorization to districts that have voter approved fees and taxes which are based on an annual collection cycle, to adjust their tax rates so that they can conform with the two year registration period set forth in the bill.