Plain English Breakdown
The official source material does not provide specific details about how the change in collection rate affects property taxes and budgets, leaving some uncertainty.
Hardeman County Property Tax Collection Rate Increase
This act changes the assumed property tax collection rate for Hardeman County from 85% to 92%, but only if approved by two-thirds of the county's legislative body.
What This Bill Does
- Changes the assumed property tax collection rate in Hardeman County from 85% to 92%
- Requires a two-thirds vote approval from Hardeman County’s legislative body for the act to take effect
Who It Names or Affects
- Hardeman County's government
- Residents of Hardeman County who pay property taxes
Terms To Know
- Private Acts
- Laws that apply to a specific county or city, not the whole state.
- Legislative body
- The group of elected officials who make decisions for Hardeman County.
Limits and Unknowns
- The act will only take effect if approved by two-thirds of Hardeman County’s legislative body.
- It is unclear how the change in collection rate will affect property taxes and budgets specifically.