SP0192
LD 600		 First Regular Session - 123rd Legislature - Text: MS-Word, RTF or PDF LR 752
Item 1
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An Act To Improve Revenue Sharing

CONCEPT DRAFT SUMMARY

This bill is a concept draft pursuant to Joint Rule 208.

This bill proposes to repeal state-municipal revenue sharing. The total savings to the State would be used to fund an increase in the homestead property tax exemption to reduce property taxes on homestead residential property.

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