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Committee hears bills to expand tax‑impact statements on warrant articles
Summary
Representatives heard multiple bills that would require towns and school districts to include more complete tax‑impact information on warrant articles and ballots, including estimates for multiyear and bond/lease articles.
Representatives considered competing bills that would require additional tax‑impact information be provided to voters on municipal and school district warrant articles.
Representative Diane Power introduced House Bill 138, which would require that special warrant articles with multiyear tax impacts or lease agreements include an estimated tax impact for up to five years (or for each year when the impact is shorter than five years). Power said limited first‑year bond cost disclosures can understate the true multi‑year effect and…
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