Concerning extension of the authorization for a regional transportation authority to impose a uniform mill levy on all taxable property within its territory.
2016 Regular Session
Fiscal Policy & Taxes
Transportation & Motor Vehicles
Current law authorizes a regional transportation authority to impose a uniform mill levy of up to 5 mills on all taxable property within its territory, but the authorization is scheduled to repeal on January 1, 2019. The bill extends the authorization until January 1, 2029.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)