HB 62

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
HB 62 mandates that surplus general revenue beyond constitutional spending caps be deposited into a property tax relief fund. That fund would be used to reduce the state compression percentage, gradually eliminating school district M&O property taxes. Once the compression percentage reaches zero, school districts would no longer be allowed to levy tier-one M&O taxes, and the state would fully fund their entitlements.
Author (5)
Briscoe Cain
Cody Vasut
Terri Leo-Wilson
Helen Kerwin
Keresa Richardson
Co-Author (4)
Trent Ashby
Ben Bumgarner
Tom Oliverson
Steve Toth
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