HB 558

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
HB 558 modifies how property values are assessed under the public school finance system. It removes the previous limitation of using only half the value of optional homestead exemptions and instead fully accounts for such exemptions when calculating taxable property values. This change impacts funding distribution calculations under the state’s school finance system.
Author (5)
Michael Schofield
Richard Raymond
Tom Oliverson
Jon Rosenthal
Sam Harless
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