Modifies provisions relating to property taxes

Summary

It replaces dozens of existing tax sections with new rules that standardize how tax measures are listed on ballots, define residential property to cover short‑term rentals (limited to 15 units per owner), and require tax impacts to be shown as dollars per $100,000 of value. The bill also lets counties set tax rates for each type of property, adds reporting and payment flexibility for taxpayers, and creates a commission and fund to provide state money for school classrooms and libraries. The changes are intended to make property taxes more transparent and to ease the cost of school facility projects.

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