A bill to amend the State and Local Fiscal Assistance Act of 1972 to provide that where a State uses a uniform system for equalizing valuation for purposes of local taxes on real property, such State may provide that, for purposes of determining the general tax effort factor of units of local government, special weight is to be given to the respective rates of real property taxation applied by such units.

Summary

States, under the State and Local Fiscal Assistance Act of 1972, that where a State uses a uniform system for equalizing valuation for purposes of local taxes on real property, such State may provide that, for purposes of determining the general tax effort factors of units of local government, special weight is to be given to the respective rates of real property taxation applied by such units.

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1 official file

• Introduced in House

  summary · EN · 29 May 1973

  Open at official source

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