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• Introduced by Rep. Mike Pumford (R) on March 27, 2003, to increase the state school property tax rate for 2003 to 5.5 mills, instead of 5.0 mills. In 2002, the payment date for the six-mill state school property tax was permanently changed to July for all taxpayers, and lowered to five-mills for 2003 only to compensate for the accelerated expense to taxpayers. This bill would leave in place the accelerated payment, but cut in half the compensating one-year rate reduction. See 2002 Senate Bill 1165 for more details on the one-year discount and permanent date-change bill.
  • Referred to the House Tax Policy Committee on March 27, 2003.