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HomeMy WebLinkAboutResolution 92 - 03 Funds and TaxRESOLUTION 92.3 A RESOLUTION ENDORSING THE "CITY PROPERTY TAX ALTERNATIVES ACT OF 1992" AS CURRENTLY PROPOSED BY HOUSE BILL NO. 569 BEFORE THE IDAHO STATE HOUSE OF REPRESENTATIVES REVENUE AND TAXATION COMMITTEE, URGING ALL STATE LEGISLATORS CAST VOTES IN SUPPORT OF SAID LEGISLATORS CAST VOTES IN SUPPORT OF SAID LEGISLATION AND EFFECTIVE DATE. WHEREAS, the City Council of the City of Rexburg has long endorsed legislation that would provide property tax relief to the citizens of the City of Rexburg and would allow cities in the state of Idaho to raise revenue, with the consent of the local voters, by methods other than the property tax, and WHEREAS, House Bill No. 569 has been introduced in the Idaho Legislature and is currently before the House Revenue and Taxation Committee and said House Bill has been designated the "City Property Tax Alternatives Act of 1992, and WHEREAS, said House Bill, if enacted, would provide for property tax relief and would allow for local option taxation through non -property tax methods. NOW THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL ON THE CITY OF REXBURG, IDAHO: SECTION 1: The City Council of the City of Rexburg endorses House Bill NO 569, the "City Property Tax Alternatives Act of 1992," as currently proposed and before the House of Representative Revenue and Taxation Committee. SECTION 2: The City Council of the City of Rexburg urges all state legislators to cast votes in support of the said House Bill 569. SECTION 3: That this resolution shall take effect and be in full force from and after its passage and approval. DATED this 19th day of February, 1992. CITY O,g REX7&:Y�z By Nil L Boyle, Ma46r ATTEST Rose Bagley, City/Clerl�l