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House panel amends bill to limit certain school property tax reallocations, renames emergency levies
Summary
The House Ways and Means Committee held a third hearing on House Bill 129 and accepted an amendment that removes school income tax from the billand clarifies how inside millage and new levies count toward a 20-mill floor; it also eliminates substitute levies and renames "emergency levies" as "fixed sum levies."
The House Ways and Means Committee on Wednesday advanced changes to House Bill 129 that would limit school districtsability to reallocate existing property tax millage and change how certain levies are counted toward a 20-mill floor.
Vice Chair Thomas moved to amend the bill with Amendment AM1360548; the committee accepted the amendment by voice. The amendment removes a school district income tax component from the bill, clarifies that school districts cannot shift inside millage to increase tax revenue without voter approval, specifies that newly voted levies are added on top of the 20-mill floor rather than treated as climbing out…
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