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Committee votes to cap automatic school‑rate growth tied to WPU value; bill passes 7–4
Summary
The House Revenue and Taxation Committee passed HB 110’s second substitute, 7–4, to stop automatic increases in the part of the basic school levy linked to the weighted pupil unit (WPU) value rate and to require the same transparency rules (truth in taxation) as other local property tax changes.
The House Revenue and Taxation Committee voted 7–4 on Feb. 19 to pass the second substitute of HB 110, legislation that would eliminate an automatic, legislature‑driven increase in the portion of the basic school levy tied to the weighted pupil unit (WPU) value rate and require the same truth‑in‑taxation procedures used for other property tax increases.
Sponsor Representative Auxier said the adjustment would “uncouple” a policy that has caused compounding increases in the portion of property taxes that help fund the state’s basic school program and the Teacher and Student Success Account (TSSA). “This is just getting rid of a ratchet and tying our hands going forward,” the sponsor said, adding the…
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