An Act amending the act of June 27, 2006 (1st Sp.Sess., P.L.1873, No.1), known as the Taxpayer Relief Act, in taxation by school districts, further providing for definitions, providing for disposition of data center property tax revenue and further providing for school district tax notices.

Summary

This amendment adds a definition of “data center” and creates a new way for school districts to use property tax revenue from those facilities. The revenue must be applied to support homestead and farmstead property tax exclusions, and districts must itemize these exclusions on tax bills. The goal is to fund tax relief for homeowners and farmers while increasing transparency.

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