Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 79 mandates the use of surplus general revenue beyond constitutional spending limits to reduce the school M&O tax rate (state compression percentage) as rapidly as possible. If the compression reaches 0%, districts are prohibited from levying M&O taxes, and the state is required to fully fund the foundation program in lieu of local taxes.
Author (2)
Briscoe Cain
Valoree Swanson