Q. HB 59 eliminates the 10% and the 2 1/2% Rollback reimbursement payments to school districts for future levies. Which levies will no longer qualify for these taxpayer discounts?
A. “New” and “replacement” levies of any type will no longer qualify for the replacement payments (i.e., operating, bond, and permanent improvement levies).
Q. With the Rollback being eliminated on future new and replacement levies, will the school district still receive its revenue for the 10% and 2 ½% portions of the taxes owed?
A. Yes, but owners will be responsible for paying the full amount of their tax bill for the levies that no longer qualify for the Rollback. The discount (paid for by the state) will no longer apply for those levies.
Q. Will the Rollback replacement payments (and the taxpayer discounts) continue for existing levies?
A. Yes. The taxpayer will continue to receive the Rollback discount for existing levies (and for the renewal of existing levies).
Q. Can voters approve a straight renewal of an existing levy and still receive the 10% and 2 ½% reimbursement from the state on such renewals for levies placed on the ballot in 2014 and beyond?
A. Yes.
Q. If a renewal levy includes new mills or new dollar amounts, will it still qualify for the Rollback reimbursement from the state?
A. The true renewal portion of the levy will still qualify for the Rollback replacement payments, but the new portion of the levy will not.