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Senate approves capital outlay 'equalization' bill after heated debate over tax impact
Summary
Senate Bill 199, a capital outlay equalization measure that supporters say moves toward equity in school capital funding, passed after debate about a likely 2-mill property tax increase in many districts and distribution fairness. The roll call recorded 16 ayes, 13 nays.
Senate Bill 199, presented by Senator Beatty as an equalization measure for education capital outlay and debt service, drew sustained debate on the floor. Senator Lyle Hilliard summarized the bill’s mechanics, explaining that the bill would establish an assessing-and-collecting levy with 60% of a specified rate established as a state levy…
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