Among the proposals advanced by the Revenue Committee this session is a package of bills that cut individual and corporate income tax rates, speed up the phaseout of state taxation of Social Security income and expand a program intended to offset property taxes used to fund education.
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A proposal to limit annual increases in the amount of property taxes collected by public school districts stalled Feb. 8 after a failed cloture motion.
Read MoreThe Revenue Committee heard testimony Jan. 20 on two bills that, with some exceptions, would cap annual increases in the amount of property taxes collected by public school districts.
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