Bills offer some property tax relief
Two bills would offer some property tax relief by capping increases on owner-occupied homes at 5%, and allowing business to pay property tax bills in two installments, as homeowners can now do.
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State bond cost could outstrip revenue
The state might have to look to its strapped general fund next year to cover the repayment of bonds it has already issued, which could add $100 million in expenses that the state will have to cover.
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