STATEMENT OF PURPOSE
RS28757 / S1170
This is a trailer bill for Senate Bill 1108aa. This bill provides that the current year assessed values will be used
in determining the levy rate to be used for new construction and annexation, except it allows the use of the prior
years value for centrally assessed operating property.
The reason for using the prior centrally assessed operating value is that the current year number is generally
not available in time. The centrally assessed operating value is a small percentage of the total and variations
will not be significant.
FISCAL NOTE
There is no fiscal impact to this bill.
Contact:
Senator Jim Rice
(208) 332-1000
DISCLAIMER: This statement of purpose and fiscal note are a mere attachment to this bill and prepared by a proponent
of the bill. It is neither intended as an expression of legislative intent nor intended for any use outside of the legislative
process, including judicial review (Joint Rule 18).
Statement of Purpose / Fiscal Note Bill SOP/FN INTRODUCED: 03/05/2021, 9:23 AM