Covered local property tax levies would need voter renewal

Local governments would need voter approval to continue covered property tax levies beyond their end dates. This covers levies approved under section 15-10-425 before January 1, 2028, and excludes bond elections. Voters would need to reapprove a levy before its deadline. Levies last approved more than five years ago would expire December 31, 2030; those last approved five years ago or less would expire December 31, 2032.

Covered levy proposals would set an end date no more than 10 years away. The rule would cover local taxing bodies, including school districts, and would exclude bond elections. Voters would need to approve the levy or its renewal. Starting in the year three years before expiration, local officials could seek renewal once a year. The election proposal’s 10-year limit would apply to elections held on or after January 1, 2028; the duration rule would also cover renewals of existing levies.

School building reserve tax approvals would last no more than 10 years, with a shorter limit for transition costs. The building reserve would cover future school construction, equipment, expansion, or land purchases. Voters would need to approve the tax. Taxes for school transition costs, such as opening or closing a school, would have a six-year limit. The act would take effect January 1, 2028.