Relating to the division of revenue of school district foundation property taxes for urban renewal projects, authorizing voluntary payments by school districts, and including applicability provisions

Progress

1. Introduced
   February 10, 2026
2. Subcommittee
   February 17, 2026
3. Committee
   February 19, 2026
4. Passed Senate
   —
5. Passed House
   —
6. Signed
   —

Became SF 2436 → Its progress continues under the new number. Go to SF 2436 What’s a funnel?

What’s in it

19 (tax increment financing). The bill prohibits the foundation property tax from being divided and paid into the municipality’s special fund for the payment of urban renewal indebtedness and instead requires the tax to be levied, collected, and paid to the school district in the same manner as all other property taxes.3 levied for fiscal years beginning on or after July 1, 2027, against property located in the urban renewal area.3 and such payment shall not result in the adjustment of state foundation aid or other amounts under Code chapter 257.

From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text