CHAPTER 11. TAXATION.

§11-8-3. Purposes.

In order that the revenue to be derived from taxes to be assessed upon real and personal and public utility property throughout the state may be apportioned among the levying units of the state in such manner that the said apportionment shall not exceed the maximum levies that may be assessed upon each respective class of property as defined by the Tax Limitation Amendment, and

In order, further, that the taxes to be assessed shall be levied and collected with uniformity coextensive with the territory of the taxing unit within which such taxes are to be levied and collected, without interference by one taxing unit with the right of another such unit to levy and collect taxes for its purposes and within its territorial extent, and

In order, further, that the taxing units throughout the state may be furnished with the means of providing (1) the sinking fund and interest requirements of their now existing indebtedness, and (2) the requirements of their respective current operating expenses, this article is hereby enacted.

The purpose of this article is to provide the maximum rates for the levies which may be laid by the several taxing units in the state within the limitations of the Tax Limitation Amendment and to provide for the application of the taxes derived therefrom first to the payment of legal contractual indebtedness and then to the maintenance of indispensable governmental functions as herein provided.

Bills Affecting §11-8-3

2003 Regular Session: HB3157
2004 Regular Session: HB3157
2004 Regular Session: SB14
2004 Regular Session: SB14
2004 Regular Session: SB594
2004 Regular Session: SB594
2004 Regular Session: SB594
2005 Regular Session: HB2313
2005 Regular Session: HB2445
2005 Regular Session: HB2445
2005 Regular Session: HB2445
2005 Regular Session: SB188
2005 Regular Session: SB188
2005 Regular Session: SB188
2005 Regular Session: SB497
2005 Regular Session: SB497
2005 Regular Session: SB688
2005 Regular Session: SB688
2005 Regular Session: SB688
2006 Regular Session: HB2313
2006 Regular Session: HB2445
2006 Regular Session: HB2445
2006 Regular Session: HB2445
2006 Regular Session: HB4566
2006 Regular Session: HB4566
2006 Regular Session: HB4566
2006 Regular Session: SB43
2006 Regular Session: SB43
2006 Regular Session: SB520
2006 Regular Session: SB520
2006 Regular Session: SB520
2006 Regular Session: SB719
2006 Regular Session: SB719
2006 Regular Session: SB719
2007 Regular Session: HB2161
2007 Regular Session: SB112
2007 Regular Session: SB112
2007 Regular Session: SB446
2007 Regular Session: SB446
2007 Regular Session: SB446
2007 Regular Session: SB536
2007 Regular Session: SB536
2007 Regular Session: SB662
2007 Regular Session: SB692
2007 Regular Session: SB692
2008 Regular Session: HB2161
2008 Regular Session: SB131
2008 Regular Session: SB332
2009 Regular Session: HB2291
2009 Regular Session: HB3284
2010 Regular Session: HB2291
2010 Regular Session: HB4307
2010 Regular Session: HB4614
2010 Regular Session: SB641
2011 Regular Session: HB2136
2011 Regular Session: HB2294
2011 Regular Session: HB2792
2011 Regular Session: SB305
2012 Regular Session: HB2136
2012 Regular Session: HB2294
2013 Regular Session: HB2119
2013 Regular Session: HB2993
2013 Regular Session: SB618
2014 Regular Session: HB2119
2014 Regular Session: HB2993
2014 Regular Session: SB302
2015 Regular Session: HB2029
2015 Regular Session: HB2262
2015 Regular Session: SB98
2016 Regular Session: HB2029
2016 Regular Session: HB2262
2016 Regular Session: HB4596
2016 Regular Session: SB337
2016 Regular Session: SB570
2017 Regular Session: HB2036
2017 Regular Session: SB30
2017 Regular Session: SB38
2017 Regular Session: SB487
2018 Regular Session: HB4475
2018 Regular Session: SB12
2018 Regular Session: SB85
2018 Regular Session: SB300
2018 Regular Session: SB596
2019 1X: HB168
2019 1X: HB168
2019 Regular Session: HB2228
2019 Regular Session: HB3123
2019 Regular Session: SB29
2019 Regular Session: SB113
2019 Regular Session: SB336
2019 Regular Session: SB439
2019 Regular Session: SB635
2019 Regular Session: SB666
2020 Regular Session: HB2228
2021 Regular Session: SB600