(Updated to clarify that the protest petition would force an election)
A new plan for encouraging cities and counties to hold down spending is emerging in the House as a potential alternative to plans already on the table for lowering property taxes.
Republican state Rep. Adam Smith, chair of the House tax committee, introduced a bill that would essentially recreate a fund that once was intended to help local governments hold down property taxes.
The proposal calls for putting $60 million into a new fund called ASTRA, short for Acknowledging Stewardship of Tax Revenue and Appropriations.
But the money would . . .
SSJ
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