AMENDMENT FOR PRINTED BILL
1006fc
___________________ moved that HB 1006 be amended as follows:
On page 1 of the printed bill, delete lines 4 to 12, inclusive, and insert:
"
Section 1. That
§
13-13-72.1
be amended to read as follows:
13-13-72.1.
Any adjustments in the levies specified in
subdivision 13-13-10.1(6)
§
10-12-42
made pursuant to §§ 13-13-71 and 13-13-72 shall be based on maintaining the relationship
between statewide local effort as a percentage of statewide local need in the fiscal year
succeeding the fiscal year in which the adjustment is made. In addition to the adjustments in the
levies provided by this section, the levies shall also be annually adjusted as necessary to reduce
the portion of local need paid by local effort by an amount equal to nine million dollars from
those funds transferred into the property tax reduction fund pursuant to § 10-50-52 subsequent
to July 1, 2007.
In addition to the adjustments in the levies provided by this section, the levies
for nonagricultural property and owner-occupied single-family dwellings shall also be adjusted
as necessary to account for the additional increase in the total assessed value for nonagricultural
property and owner-occupied single-family dwellings pursuant to the phasing out and repeal of
the provisions provided in
§
10-6-74.
Section 2. That
§
13-10-6
be amended to read as follows:
13-10-6.
For the purpose of continuing a fund for the payment of pensions to retired
employees of
a
school
districts which shall have
district that has
established such system,
such
districts
the school district
may levy an annual tax not exceeding thirty cents per thousand
dollars of taxable valuation of
such
the
school district for the current year.
Such
The
levy may
not be included in determining the tax levy limitation of
such
the school
district provided by
law. Moneys collected from
such
the
tax shall be kept by the business manager in a special
pension fund and
shall
may
not be used for any other purpose except upon discontinuance of
such
the
pension system by the
school
district, in which case any unexpended balance shall be
transferred to the general fund.
For taxes payable in 2011, the total amount of revenue payable from the levy provided in
this section may not increase more than the lesser of three percent or the index factor, as defined
in
§
10-13-38, over the maximum amount of revenue that could have been generated for the
taxes payable in 2010. After applying the index factor, a school district may increase the revenue
payable from taxes on real property above the limitations provided by this section by the
percentage increase of value resulting from any improvements or change in use of real property,
annexation, minor boundary changes, and any adjustments in taxation of real property separately
classified and subject to statutory adjustments and reductions under chapters 10-4, 10-6, 10-6A,
and 10-6B, except
§
10-6-31.4, only if assessed the same as property of equal value.
For taxes payable in 2012, 2013, 2014, and 2015, the total amount of revenue payable from
the levy provided in this section may not increase more than the lesser of three percent or the
index factor, as defined in
§
10-13-38, over the maximum amount of revenue that could have
been generated for the taxes payable in 2010 plus any unused index factor from the previous
years. After applying the index factor, a school district may increase the revenue payable from
taxes on real property above the limitations provided by this section by the percentage increase
of value resulting from any improvements or change in use of real property, annexation, minor
boundary changes, and any adjustments in taxation of real property separately classified and
subject to statutory adjustments and reductions under chapters 10-4, 10-6, 10-6A, and 10-6B,
except
§
10-6-31.4, only if assessed the same as property of equal value.
Any school district created or reorganized after January 1, 2009, is exempt from the
limitation provided by this section for a period of two years immediately following its creation.
For taxes payable in 2011, 2012, 2013, 2014, and 2015, the levy limitation of thirty cents
per thousand dollars of taxable valuation does not apply to any school district.
".
On page 2, line 14, delete "
2010
" and insert "
2011
".
On page 2, line 17, delete "
2009
" and insert "
2010
".
On page 3, line 1, delete "
2008
" and insert "
2009
".
On page 3, line 4, delete "
2008
" and insert "
2009
".
On page 3, line 6, delete "
2011, 2012, 2013, and 2014
" and insert "
2012, 2013, 2014, and
2015
".
On page 3, line 9, delete "
2009
" and insert "
2010
".
On page 3, line 18, delete "
2008
" and insert "
2009
".
On page 3, line 20, delete "
2008
" and insert "
2009
".
On page 3, line 23, delete "
2010, 2011, 2012, 2013, and 2014
" and insert "
2011, 2012, 2013,
2014, and 2015
".
On page 4, line 16, delete "
2010
" and insert "
2011
".
On page 4, line 19, delete "
2009
" and insert "
2010
".
On page 5, line 1, delete "
2008
" and insert "
2009
".
On page 5, line 3, delete "
2011, 2012, 2013, and 2014
" and insert "
2012, 2013, 2014, and
2015
".
On page 5, line 6, delete "
2009
" and insert "
2010
".
On page 5, line 13, delete "
2010, 2011, 2012, 2013, and 2014
" and insert "
2011, 2012, 2013,
2014, and 2015
".
On page 6, line 6, delete "
2010
" and insert "
2011
".
On page 6, line 7, delete "
2009
" and insert "
2010
".
On page 6, line 15, delete "
2011, 2012, 2013, and 2014
" and insert "
2012, 2013, 2014, and
2015
".
On page 9, line 21, delete "
2010, 2011, 2012, 2013, and 2014
" and insert "
2011, 2012, 2013,
2014, and 2015
".