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Committee backs changes to Truth-in-Taxation process to give public earlier notice
Summary
House Bill 236 would require taxing entities to hold a May meeting when contemplating tax increases, publish two budgets (one without the increase and one with), and operate on the budget without the increase until the Truth-in-Taxation hearing. The committee passed the substitute unanimously.
The committee unanimously recommended House Bill 236, a bill aimed at giving the public earlier and clearer information when local governments consider property-tax increases.
Rep. Peterson said the bill requires fiscal entities (school districts, cities and certain special service districts) to discuss potential tax increases in a May public meeting and to notify the tax…
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