โŒ HB466

Require certain approval before subdivision levies a property tax

Current Status: In House Committee (Local Government)

Summary

HB466 requires certain subdivisions to obtain approval from the body that created the subdivision before levying a property tax. This applies specifically to township park districts that contain only unincorporated territory and mandates a resolution stating the annual rate and reason for the levy request. The approval process includes a vote from the board of township trustees or other relevant authorities.

Rationale

The bill increases government control over property tax levies, which conflicts with the Libertarian principles of minimal government intervention and individual property rights. Both the LP and LPO platforms advocate for limited government and oppose unnecessary regulations that infringe on personal and economic freedoms.

Risks and Concerns

  • Increased government control over local taxation
  • Potential for bureaucratic delays in tax levies
  • Reduction in local autonomy for tax decisions
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