Section 401 – State mandated property tax limitation — Vote requirement needed to exceed limitation.

Effective 3/22/2018 63J-3-401. State mandated property tax limitation — Vote requirement needed to exceed limitation. The state mandated property tax rate in Title 53F, Chapter 2, State Funding — Minimum School Program, as of July 1, 1989, may not be increased without more than a two-thirds vote of both houses of the Legislature. Amended by […]

Section 402 – Debt limitation — Vote requirement needed to exceed limitation — Exceptions.

Effective 5/5/2021 63J-3-402. Debt limitation — Vote requirement needed to exceed limitation — Exceptions. (1) (a) Except as provided in Subsection (1)(b), the outstanding general obligation debt of the state may not exceed 45% of the maximum allowable appropriations limit unless approved by more than a two-thirds vote of both houses of the Legislature. (b) […]