The bill amends existing laws regarding the calculation and presentation of voted levies, specifically requiring that these levies be stated in dollar amounts rather than in mills. It allows for voted levies, excluding those for school districts, to be subject to the calculation provisions outlined in section 15-10-420. This section has been updated to clarify the procedures for calculating mill levies, including provisions for newly taxable properties and the maximum number of mills that can be imposed by governmental entities. Additionally, the bill specifies that taxes imposed do not include certain net or gross proceeds taxes and outlines the process for governmental entities to carry forward unused mill authority to future tax years.

Furthermore, the bill amends section 15-10-425, which governs the process for imposing new or increased mill levies through elections. It requires that the resolution or petition for such levies include the specific purpose for the additional funds, the amount of money to be raised, and whether the levy is permanent or has a time limit. The bill also repeals section 7-6-4431, which previously authorized exceeding or imposing less than the maximum mill levy with an election requirement. Overall, the changes aim to enhance transparency and clarity in the taxation process while providing local governments with more flexibility in managing their levies.

Statutes affected:
LC Text: 15-10-420, 15-10-425
HB0020_1(1): 15-10-420, 15-10-425
HB0020_1(2): 15-10-420, 15-10-425
HB0020_1(3): 15-10-420, 15-10-425
HB0020_1(4): 15-10-420, 15-10-425
HB0020_1(5): 15-10-420, 15-10-425
HB0020_1(6): 15-10-420, 15-10-425
HB0020_1: 15-10-420, 15-10-425
HB0020_2(1): 15-10-420, 15-10-425
HB0020_2(10): 15-10-420, 15-10-425
HB0020_2(11): 15-10-420, 15-10-425
HB0020_2(12): 15-10-420, 15-10-425
HB0020_2(13): 15-10-420, 15-10-425
HB0020_2(14): 15-10-420, 15-10-425
HB0020_2(15): 15-10-420, 15-10-425
HB0020_2(2): 15-10-420, 15-10-425
HB0020_2(3): 15-10-420, 15-10-425
HB0020_2(4): 15-10-420, 15-10-425
HB0020_2(5): 15-10-420, 15-10-425
HB0020_2(6): 15-10-420, 15-10-425
HB0020_2(7): 15-10-420, 15-10-425
HB0020_2(8): 15-10-420, 15-10-425
HB0020_2(9): 15-10-420, 15-10-425
HB0020_2: 15-10-420, 15-10-425
HB0020_3(1): 15-10-420, 15-10-425
HB0020_3(10): 15-10-420, 15-10-425
HB0020_3(11): 15-10-420, 15-10-425
HB0020_3(2): 15-10-420, 15-10-425
HB0020_3(3): 15-10-420, 15-10-425
HB0020_3(4): 15-10-420, 15-10-425
HB0020_3(5): 15-10-420, 15-10-425
HB0020_3(6): 15-10-420, 15-10-425
HB0020_3(7): 15-10-420, 15-10-425
HB0020_3(8): 15-10-420, 15-10-425
HB0020_3(9): 15-10-420, 15-10-425
HB0020_3: 15-10-420, 15-10-425
HB0020_4: 15-10-420, 15-10-425
HB0020_X(1): 15-10-420, 15-10-425
HB0020_X(10): 15-10-420, 15-10-425
HB0020_X(11): 15-10-420, 15-10-425
HB0020_X(12): 15-10-420, 15-10-425
HB0020_X(13): 15-10-420, 15-10-425
HB0020_X(14): 15-10-420, 15-10-425
HB0020_X(15): 15-10-420, 15-10-425
HB0020_X(16): 15-10-420, 15-10-425
HB0020_X(17): 15-10-420, 15-10-425
HB0020_X(2): 15-10-420, 15-10-425
HB0020_X(3): 15-10-420, 15-10-425
HB0020_X(4): 15-10-420, 15-10-425
HB0020_X(5): 15-10-420, 15-10-425
HB0020_X(6): 15-10-420, 15-10-425
HB0020_X(7): 15-10-420, 15-10-425
HB0020_X(8): 15-10-420, 15-10-425
HB0020_X(9): 15-10-420, 15-10-425
HB0020_X: 15-10-420, 15-10-425