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Committee accepts targeted tweak to school funding bill to credit districts for voluntary tax-rate reductions
Summary
An amendment to House Bill 186 accepted by the committee clarifies that voluntary reductions in tax rates by schools or other entities will be recognized through a January credit mechanism so those reductions are not penalized under the bill's caps; lawmakers also heard concerns from joint vocational districts about long‑term impacts.
The committee took up House Bill 186, which addresses the school funding formula and related property‑tax mechanics, and accepted an amendment from Vice Chair Thomas that recognizes voluntary reductions in tax rates.
The amendment credits districts that voluntarily reduce their rates by…
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