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Bills · 2023-2024 Regular Session

SB 818

Died at session end Official bill text Atom feed

Relating to: replacing the expenditure restraint incentive program with a municipality payment program and making an appropriation. (FE)

Municipality — Finance Revenue department of Shared revenue

  1. Introduced, stopped here
  2. Passes Senate, not reached
  3. Passes Assembly, not reached
  4. Governor signs, not reached
  5. Law, not reached

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

This bill ends payments to municipalities for the expenditure restraint

incentive program in 2023 and begins payments to municipalities for the

municipality payment program in 2024. The municipality payment program,

created by the bill, provides payments to municipalities that received an expenditure

restraint incentive program payment in 2021, 2022, or 2023. A municipality's

payment each year is equal to the highest expenditure restraint incentive program

payment that the municipality received during the period from 2021 to 2023. Under

current law, generally, a municipality is eligible to receive an expenditure restraint

incentive program payment if its property tax levy is greater than 5 mills and if the

annual increase in its municipal budget is less than the sum of factors based on

inflation and the increased value of property in the municipality as a result of new

construction.

What it would cost

Fiscal estimates filed by state agencies, as official PDFs

Sponsors

Introduced by: Agard (D) , Spreitzer (D)

7 cosponsors

Baldeh (D) , C. Anderson (D) , Considine (D) , J. Anderson (D) , Jacobson (D) , Palmeri (D) , Ratcliff (D)

Full history

  1. Dec 19, 2023 · Senate

    Introduced by Senators Spreitzer and Agard; cosponsored by Representatives C. Anderson, Jacobson, Palmeri, Ratcliff, Baldeh, Considine and J. Anderson

  2. Dec 19, 2023 · Senate

    Read first time and referred to Committee on Government Operations

  3. Jan 12, 2024 · Senate

    Fiscal estimate received

  4. Apr 15, 2024 · Senate

    Failed to pass pursuant to Senate Joint Resolution 1