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Office of the Revisor of Statutes

SF 1227 Senate Long Description

Relating to property tax; replacing certain school district levies with a state formula, defining terms; modifying credit computations; modifying the referendum equalization levy formula; modifying certain local government aid (LGA) programs and program appropriations; modifying city revenue need provisions; modifying city aid base, city formula aid and city aid distribution provisions; creating a city supplemental aid formula; modifying the appropriation to cities and counties; providing for an annual inflation adjustment
(je)