The bill aims to lower school district maintenance and operations property taxes by utilizing excess state revenue. It proposes using surplus state funds to alleviate the financial burden on school districts, potentially reducing tax rates for property owners within those districts. This initiative could lead to decreased tax obligations for residents while ensuring schools continue to receive necessary funding for their operations and maintenance.
2022-12-19: Filed
2023-03-02: Read first time
2023-03-02: Referred to Appropriations
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