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HCR 24B-1001

signed

Local Approval of Property Tax Initiatives

Plain-English Summary

AI-generated

House Concurrent Resolution 24B-1001 is a bill that would require voter approval at the local level for any statewide initiative that affects how local governments collect or spend property tax money. If passed by voters in November 2024, this resolution means that changes to local property taxes proposed on a state-wide scale would need additional consent from residents of each affected community before those changes could take effect locally. The bill has been signed but is awaiting the outcome of the public vote next year to become effective.

Official Summary

If approved by the voters of the state at the November 2024 general election, the concurrent resolution requires that a statewide initiative that impacts local government property tax revenue or spending of property tax revenue be approved by voters of a local government that is impacted by the statewide initiative before it applies to the property tax revenue of the local government. (Note: This summary applies to this concurrent resolution as introduced.)

Details

Chamber
House
First action
2024-08-28
Latest action
2024-08-26
Last action desc.
Introduced In House - Assigned to Transportation, Housing & Local Government
OpenStates
View source ↗

Sponsors

Votes

CNCRNT RES
2024-08-28 · House · passYes: 44 · No: 19 · Other:
AMD
2024-08-27 · House · failYes: 22 · No: 37 · Other: