Relates to waiving school taxes by a town, city, or county industrial development agency

This bill prohibits town, city, or county industrial development agencies from waiving taxes that would otherwise be paid to school districts. It directly affects school districts by ensuring they receive all taxes that would have been collected from properties or developments under these agencies' jurisdiction. The key provision requires agencies to collect all applicable taxes instead of entering into agreements that replace tax payments with alternative payments. This change ensures school districts maintain their regular revenue streams from local development activities.