Introduced
by
To prohibit revenue collected by a "judgment levy" property tax from being “captured” by a government entity funded by a “tax increment financing” scheme. Judgment levies are property taxes imposed on property owners in a particular school district or municipality that has lost or settled a big lawsuit.
Referred to the Committee on Judiciary
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 38 to 0 (details)
Referred to the Committee on Judiciary
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 106 to 0 (details)
To prohibit revenue collected by a "judgment levy" property tax from being “captured” by a government entity funded by a “tax increment financing” scheme. Judgment levies are property taxes imposed on property owners in a particular school district or municipality that has lost or settled a big lawsuit.