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Committee advances change to equalization millage threshold, lowers trigger from 14 to 10 mills
2251864 · February 6, 2025
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Summary
A proposal to lower the local millage threshold tied to state equalization from 14 mills to 10 mills and to add a penalty for jurisdictions that fall below the new threshold passed the subcommittee and will move to full committee.
Representative Cannon presented a substitute for House Bill 12 (LC492215S) to change the minimum millage threshold used in the school-equalization formula. Cannon said the 2019 law set a 14-mill local threshold for jurisdictions receiving…
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