A contingent of House and Senate Republicans on Tuesday unveiled a bill intended to require heightened disclosure when local governments collect more tax dollars from rising property values.
The Republicans, led by state Sen. Caryn Tyson, announced a bill requiring local governments to vote on a decision to accept extra revenues coming from increased property values even if the property tax rate remained steady.
"This is all about transparency," said Tyson, chair of the Senate Tax Committee.
If local governments want to collect any new tax dollars . . .
SSJ
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