2022 Senate Bill 1086

Revise library authority exemption from property tax “captures”

Introduced in the Senate

June 16, 2022

Introduced by Sen. Sylvia Santana (D-3)

To revise an exemption for libraries from having a portion of their property tax levies taken for other uses under a “tax capture district’s” tax increment finance scheme (which is how these authorities pay for their various projects and subsidies). The bill would remove a provision that requires some city libraries to get permission for claiming this exemption from the mayor or chief executive officer.

Referred to the Committee on Economic and Small Business Development