This bill amends the existing law regarding the imposition of the water and sanitation gross receipts tax by removing the previous six-year limitation on the tax's duration. Specifically, the bill allows for the tax to be imposed indefinitely, contingent upon voter approval, for ordinances that are approved on or after July 1, 2025. The governing body must enact an ordinance to impose the tax following a resolution from the board of directors of a water and sanitation district, and the tax will be dedicated solely to the operation of that district.

Additionally, the bill stipulates that if voters approve the ordinance, it will become effective on either January 1 or July 1 following the election. If the proposal fails, a new request for the tax cannot be submitted for one year. The provisions of this act will take effect on July 1, 2025, and are applicable only to ordinances approved by voters after that date.

Statutes affected:
introduced version: 7-20E-26