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Committee adopts substitute creating property-value study group to review school funding measures
Summary
The committee adopted a substitute for House Bill 42 36 to create a study group that will examine property-value studies’ effect on school finance distribution and recommend alternatives for valuing complex properties; testimony emphasized complexity and potential unintended consequences of prior fixes.
A committee substitute to House Bill 42 36 that creates a study group to review property-value studies and their effects on school finance was adopted and left pending after witness testimony.
Senator King explained the committee substitute would direct a study group to examine how the property value study (PBS) affects distribution of state financial aid for schools and to develop…
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