Texas' Perry Signs School Finance Bill That Cuts Maximum Property Tax Rate

Albanese, Elizabeth
June 2006
Bond Buyer;6/2/2006, Vol. 356 Issue 32394, p4
Trade Publication
The article reports Texas Governor Rick Perry's signing of HB1 into law. The bill is a major component of a school finance reform package approved in May 2006 by the state Legislature. The measures provides a reduction in the maximum property tax rate that school districts may levy a period of three years.


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