Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee hears bill to redirect non-levy revenue into school equalization (SEPTA) account
Summary
Representative Mark Thane told the House Taxation Committee that House Bill 18 cleans up statute and redirects certain non-levy revenues from the state general fund into the School Equalization and Property Tax Reduction Account (SEPTA); proponents said the change clarifies flows but does not create new revenue.
Representative Mark Thane opened the hearing on House Bill 18 before the House Taxation Committee, describing the measure as statutory cleanup that moves specified non-levy revenue from the state general fund into the School Equalization and Property Tax Reduction Account (SEPTA).
Thane, reading from the bill text, said the measure does not alter the overall distribution but replaces references to deposit in the state general fund with deposit to the SEPTA account and removes outdated, date-based language. He told the committee: "House Bill 18 does not change the distribution. Renumbers sections, and it changes reference to deposit in the general…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
