HB 1732 - DIGEST

Provides that a port district may impose a levy under this act if a ballot proposition authorizing the levy to be imposed has been approved by a simple majority vote of voters of the district voting on the ballot proposition at a general or special election in the year in which the levy is first imposed. The tax may be imposed annually for a period of up to four years.

Provides that a port district may continue imposing property levies under this act without obtaining voter approval, but only for the purpose of making interest and principal payments on the general indebtedness incurred before the effective date of this act to avoid the impairment of a contract.