Text: SSB03236 Text: SSB03238 Text: SSB03200 - SSB03299 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 403.23, subsection 1, unnumbered 1 2 paragraph 1, Code Supplement 1999, is amended to read as 1 3 follows: 1 4 On or beforeSeptemberNovember 30 of each year, the 1 5 municipality shall submit an annual financial report 1 6 containing the information required in section 403.15, 1 7 subsection 5, to the department of management and to the 1 8 county auditor of the county in which the municipality is 1 9 located. In addition to the information contained in the 1 10 report, the municipality shall provide the following 1 11 information to the department and to the county auditor: 1 12 Sec. 2. Section 403.23, Code Supplement 1999, is amended 1 13 by adding the following new subsection: 1 14 NEW SUBSECTION. 3. If a municipality does not file the 1 15 annual report with the department of management and the county 1 16 auditor by December 1, the county treasurer shall withhold 1 17 disbursement of incremental taxes to the municipality until 1 18 the annual report is filed beginning immediately with the next 1 19 following disbursement of taxes. The county auditor shall 1 20 notify the county treasurer if taxes are to be withheld. 1 21 EXPLANATION 1 22 This bill changes the filing deadline for urban renewal 1 23 annual reports from September 30 to November 30. 1 24 The bill also provides that if a municipality has not filed 1 25 an annual report with the state by the statutory deadline, the 1 26 county treasurer shall withhold disbursement of tax increment 1 27 revenues to the municipality. 1 28 LSB 7334SC 78 1 29 sc/cf/24
Text: SSB03236 Text: SSB03238 Text: SSB03200 - SSB03299 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
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