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House passes HB 38 to increase state guarantee for school district voted and board leeway
Summary
House Bill 38 raises the state guarantee yield for school-district 'voted' and 'board leeway' property-tax levies over six years, projected to add about $76 million by year six; supporters said the change helps lower-valuation districts raise local revenue and moves toward equalization.
The Utah House approved House Bill 38 on a voice vote after floor presentation and limited discussion. Sponsor Representative Garn said HB 38 emerged from the long-term funding task force and would increase the state guarantee yield for voted and board leeway property-tax rates in annual steps over six years. Garn told colleagues the staged increases would put an…
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