[1] - Eliminates the 3/5 majority requirement to change the entitlement share [2] - Eliminates the growth factor for FY12 and FY13, and reduces TIF entitlements by 10%. [3] - When growth rate resumes, it will be calculated on the lower base
Missoula County strongly opposes HB 495 - Revise statutory appropriations and local government entitlement share payments, before the House on 3rd reading this afternoon. This bill eliminates the three fifths majority requirement to change the entitlement share, and eliminates growth for FY 12 and FY 13. When the entitlement share was created in the 2001 Legislature, local governments lost revenue diversity and growth from such sources as gambling, motor vehicles, and corporate license tax. In exchange for this loss, local governments agreed to a stable and predictable source of revenue in the entitlement share. The growth of this revenue was based on general economic indicators so that local governments would share in the good times and bad times. the three fifths majority was included so that local governments could ensure that this revenue stayed in place. While we acknowledge that the growth factors for FY12 and FY 13 seem high, we think that reducing them to zero is an inappropriate response. Please oppose HB 495. Respectfully, Dale Bickell on behalf of the Board of County Commissioners
Sent the following to Senators Williams and Wanzenried and Senate Finance and Claims:
Missoula County strongly opposes HB 495 - Revise statutory appropriations and local government entitlement share payments, before Senate Finance and Claims tomorrow morning. This bill eliminates the three fifths majority requirement to change the entitlement share, and eliminates growth for FY 12 and FY 13. When the entitlement share was created in the 2001 Legislature, local governments lost revenue diversity and growth from such sources as gambling, motor vehicles, and corporate license tax. In exchange for this loss, local governments agreed to a stable and predictable source of revenue in the entitlement share. The growth of this revenue was based on general economic indicators so that local governments would share in the good times and bad times. The three fifths majority was included so that local governments could ensure that this revenue stayed in place. While we acknowledge that the growth factors for FY 12 and FY 13 seem high, we think that reducing them to zero is an inappropriate response. Please oppose HB 495. Respectfully, Dale Bickell on behalf of the Board of County Commissioners
Missoula County strongly opposes HB 495 - Revise statutory appropriations and local government entitlement share payments, before the Senate on 2nd reading this afternoon. This bill eliminates the three fifths majority requirement to change the entitlement share, and eliminates growth for FY 12 and FY 13. When the entitlement share was created in the 2001 Legislature, local governments lost revenue diversity and growth from such sources as gambling, motor vehicles, and corporate license tax. In exchange for this loss, local governments agreed to a stable and predictable source of revenue in the entitlement share. The growth of this revenue was based on general economic indicators so that local governments would share in the good times and bad times. The three fifths majority was included so that local governments could ensure that this revenue stayed in place. While we acknowledge that the growth factors for FY 12 and FY 13 seem high, we think that reducing them to zero is an inappropriate response. Please oppose HB 495. Respectfully, Dale Bickell on behalf of the Board of County Commissioners
This bill:
ReplyDelete[1] - Eliminates the 3/5 majority requirement to change the entitlement share
[2] - Eliminates the growth factor for FY12 and FY13, and reduces TIF entitlements by 10%.
[3] - When growth rate resumes, it will be calculated on the lower base
Sent the following to Missoula Reps:
ReplyDeleteMissoula County strongly opposes HB 495 - Revise statutory appropriations and local government entitlement share payments, before the House on 3rd reading this afternoon. This bill eliminates the three fifths majority requirement to change the entitlement share, and eliminates growth for FY 12 and FY 13. When the entitlement share was created in the 2001 Legislature, local governments lost revenue diversity and growth from such sources as gambling, motor vehicles, and corporate license tax. In exchange for this loss, local governments agreed to a stable and predictable source of revenue in the entitlement share. The growth of this revenue was based on general economic indicators so that local governments would share in the good times and bad times. the three fifths majority was included so that local governments could ensure that this revenue stayed in place. While we acknowledge that the growth factors for FY12 and FY 13 seem high, we think that reducing them to zero is an inappropriate response. Please oppose HB 495.
Respectfully,
Dale Bickell on behalf of the Board of County Commissioners
Sent the following to Senators Williams and Wanzenried and Senate Finance and Claims:
ReplyDeleteMissoula County strongly opposes HB 495 - Revise statutory appropriations and local government entitlement share payments, before Senate Finance and Claims tomorrow morning. This bill eliminates the three fifths majority requirement to change the entitlement share, and eliminates growth for FY 12 and FY 13. When the entitlement share was created in the 2001 Legislature, local governments lost revenue diversity and growth from such sources as gambling, motor vehicles, and corporate license tax. In exchange for this loss, local governments agreed to a stable and predictable source of revenue in the entitlement share. The growth of this revenue was based on general economic indicators so that local governments would share in the good times and bad times. The three fifths majority was included so that local governments could ensure that this revenue stayed in place. While we acknowledge that the growth factors for FY 12 and FY 13 seem high, we think that reducing them to zero is an inappropriate response. Please oppose HB 495.
Respectfully,
Dale Bickell on behalf of the Board of County Commissioners
Sent the following to Missoula Senators:
ReplyDeleteMissoula County strongly opposes HB 495 - Revise statutory appropriations and local government entitlement share payments, before the Senate on 2nd reading this afternoon. This bill eliminates the three fifths majority requirement to change the entitlement share, and eliminates growth for FY 12 and FY 13. When the entitlement share was created in the 2001 Legislature, local governments lost revenue diversity and growth from such sources as gambling, motor vehicles, and corporate license tax. In exchange for this loss, local governments agreed to a stable and predictable source of revenue in the entitlement share. The growth of this revenue was based on general economic indicators so that local governments would share in the good times and bad times. The three fifths majority was included so that local governments could ensure that this revenue stayed in place. While we acknowledge that the growth factors for FY 12 and FY 13 seem high, we think that reducing them to zero is an inappropriate response. Please oppose HB 495.
Respectfully,
Dale Bickell on behalf of the Board of County Commissioners