❌ HB391
Require tax rate as a true value percentage on tax bills, ballots
Current Status: In House Committee (Ways and Means)
Summary
The bill requires that tax rates on property tax bills and ballots be expressed as a percentage of the true value of the property. It mandates that tax bills include specific notices regarding tax payment deadlines and penalties for non-payment. Additionally, it stipulates that county auditors must post tax rate information on their websites.
Rationale
The bill imposes additional requirements on tax bills and does not align with the Libertarian principles of minimal government intervention and reduced taxation. It may be seen as increasing government control over property taxation, which conflicts with the LPO's platform advocating for the repeal of property taxes.
Risks and Concerns
- Increased government control over taxation
- Potential for confusion among taxpayers regarding tax obligations
- Possibility of additional administrative burdens on local governments