Requires municipal governing body to submit public question to voters if area of municipality with over 10 percent property tax ratables is to be subject to annexation by other municipality.

This bill requires municipalities to hold a public vote when annexing land that represents over 10% of the affected municipality's property tax base. If such a large area is proposed for annexation by a neighboring municipality, the local governing body must submit the question to voters at the next general election (at least 45 days after receiving the annexation petition). Voters must approve the annexation by majority vote for it to proceed; a "no" vote blocks the proposal for one year. The law directly affects residents of municipalities facing significant annexation proposals and ensures voter consent for major land transfers impacting local tax revenue.