HB 2011: Decreasing the rate of ad valorem tax imposed by a school district, increasing the extent of exemption for residential property from the statewide school levy and providing for certain transfers to the state school district finance fund.
Topics
✓ Budget & TaxesSupports Budget & TaxesLowers school district property tax rate for residential owners, increasing tax exemptions and reducing taxable value - direct tax relief for homeowners.
✗ EducationOpposes EducationBill lowers school district property tax rate (20 to 18.5 mills) and increases residential exemptions, directly reducing school funding revenue without explicit compensation measures.