Increases distribution to municipalities from Energy Tax Receipts Property Tax Relief Fund over two years; prohibits anticipation of certain revenue in municipal budget; requires additional aid be subtracted from municipal property tax levy.

Summary

The legislation increases the amount of money municipalities receive from the Energy Tax Receipts Property Tax Relief Fund over a two‑year period. It also bars towns from treating anticipated fund revenue as part of their budgeted tax levy and requires any extra aid to be subtracted from the property tax levy they set. The changes aim to give more reliable state aid while keeping local tax calculations accurate.

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