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REFERENCE TITLE: property tax limits; local districts |
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State of Arizona Senate Fiftieth Legislature First Regular Session 2011
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SCR 1058 |
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Introduced by Senator Melvin
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A CONCURRENT RESOLUTION
Proposing an amendment to the constitution of Arizona; amending article IX, Constitution of Arizona, by adding section 19.1; relating to local ad valorem property taxes.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it resolved by the Senate of the State of Arizona, the House of Representatives concurring:
1. Article IX, Constitution of Arizona, is proposed to be amended by adding section 19.1 as follows if approved by the voters and on proclamation of the Governor:
19.1. Limitation on annual increases in school district and special taxing district ad valorem tax levies; definition
Section 19.1. A. The maximum amount of ad valorem taxes levied by any school district or special purpose taxing district shall not exceed an amount two per cent greater than the amount levied in the preceding year.
B. This section applies to all tax years beginning after December 31, 2012.
C. The limitation prescribed by subsection A does not apply to ad valorem taxes or special assessments levied to pay the principal of and the interest and redemption charges on bonded indebtedness or other lawful long-term obligations issued or incurred for a specific purpose before January 1, 2013.
D. The voters of a district, in the manner prescribed by law, may elect to allow ad valorem taxation in excess of the limitation prescribed by subsection A for a single tax year. Any election under this subsection:
1. Must be held at least ninety days before the date of levying taxes for the tax year.
2. Must receive affirmative votes of at least two-thirds of the qualified electors voting on the measure to authorize the levy in excess of the limitation prescribed by subsection A.
E. The limitation prescribed by subsection A shall be increased each year to the maximum permissible limit, whether or not the district actually levies ad valorem taxes to that amount.
F. The limitation prescribed by subsection A shall be increased by the amount of ad valorem taxes levied against property not subject to taxation in the prior year and shall be decreased by the amount of ad valorem taxes levied against property subject to taxation in the prior year and not subject to taxation in the current year. That amount of ad valorem tax shall be computed using the rate applied to property not subject to this subsection.
G. The legislature shall provide by law for the implementation of this section.
H. For the purposes of this section, "district" includes any school district, except a community college district, and any property improvement assessment district, improvement district or other special purpose taxing district that levies assessments or taxes measured by the assessed valuation of property in the district.
2. The Secretary of State shall submit this proposition to the voters at the next general election as provided by article XXI, Constitution of Arizona.