Special Session Ends; Results Uncertain
The Legislature ended its special session on property taxes today after passing two bills touted as the solution to the tax crisis. There is no consensus, however, that the legislation will result in relief for those that need it most, and many are concerned about the impact on education funding and government services.
The "roll-back bill" requires local governments to reduce taxes this year and caps their future revenues. The second bill creates a proposed constitutional amendment. If passed by 60% of voters in January, the amendment would allow homeowners to give up their Save Our Homes assessment cap in exchange for a much larger homestead exemption.
Read CIVIC's article for full details.
Tell us what you think of the legislature's plan.
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