Bill Title: Establishing the School Property Tax Reduction Fund; authorizing an additional personal income tax and an additional sales and use tax; providing for distributions to school districts, for question to be submitted to electors and for certain referendum relating to school property tax elimination; imposing limitations on earned income tax rate; authorizing certain increases on earned income tax rate; prohibiting and limiting real property tax in certain school districts; and authorizing resubmission of referendum under certain circumstances.

Sponsorship: Partisan Bill (Republican 7)

Status: (Introduced - Dead) 2014-07-23 - Referred to FINANCE [HB2425 Detail]

Text: Latest bill text (Introduced) [PDF]

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