Bill No.: SF0021                  Drafter:  DKG

 

LSO No.:  05LSO-0102              Effective Date:  2/24/2005

 

Enrolled Act No.:  SEA0041

 

Chapter No.:       108

 

Prime Sponsor:     Joint Corporations, Elections and Political Subdivisions Interim Committee

 

Catch Title:       Governmental entities reporting requirements.

 

Subject:  Special districts and other governmental entities reporting boundaries.

 

 

Summary/Major Elements:

 

·        Past legislation has required special districts and cities to report their boundaries to the department of revenue in order for the department to determine which mill levies apply to different properties.  The reports are required after initial formation and modification to boundaries.

 

·        The enforcement mechanism for this reporting requirement is a prohibition on levying property taxes for those districts not in compliance.  This bill delays that enforcement mechanism for one year so that it will not apply until January 1, 2006, effectively giving the governmental entities another year to comply with the requirements.

 

·        The bill also modifies the requirements by allowing a map or legal description meeting the rules of the department.  This was modified to lessen the expense and burden on reporting entities and still allow the department to determine which taxes apply to different properties.

 

·        The bill includes school districts within the reporting requirements.

 

·        Authorizes the department to adopt rules and requires the department to notify entities by August 1, 2005 as to whether the entity's filing is sufficient.  Requires entities not in compliance to file the description or map by November 1, 2005.