Minimum Basic Tax Rate Amendments

Summary

The bill directs the state treasurer to place combined basic tax revenue received from county treasurers into the Minimum Basic Tax Special Revenue Fund, notify the state board, and have the board send the money to the appropriate school district within 35 days. It also sets when the state must follow existing notice rules before changing tax rates. The measure aims to speed up funding for basic school programs.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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