Bill Summary

SB 996 Revenues from Ad Valorem Taxes (2025 Session)
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Sponsors
by Collins
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Summary
Revenues from Ad Valorem Taxes: Revising the method of computing the rolled-back rate; revising the maximum millage rate that may be levied in a fiscal year; prohibiting a higher rate from being levied; requiring that revenues collected in excess of a certain amount be disposed of in a specified manner, etc. Effective Date: 7/1/2025
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committees of reference
» S Community Affairs
   S Finance and Tax
   S Appropriations
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Actions
02/21/25
SENATE
Filed
02/28/25
SENATE
Referred to Community Affairs; Finance and Tax; Appropriations
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bill text & filed amendments
0996
Filed on 02/21/25
PDF
No amendments to this bill text filed.
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Statute Citations
200.065
Research & Reports
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