Fiscal Note

SB0261S01 - Political Subdivision Annexation Amendments

State Impact:
Enactment of this bill will not require additional appropriations.

Individual, Business and/or Local Impact:
Depending upon the taxing structure of the municipality within a county of the first class, individuals and businesses may experience a property tax decrease, whereas other municipalities within a county of the first class may experience a property tax increase to continue current services.