Committee advances bill to stop GPLET abatements for K–12 school taxes Lawmakers advanced SB 12-93 to prohibit cities from abating GPLET-designated school district revenue during the eight-year abatement period; municipal officials warned the change would reduce the tool’s effectiveness for urban redevelopment while advocates cited constitutional and fiscal fairness reasons.

Lawmakers push forward a controversial bill that could reshape urban redevelopment in Arizona by stopping tax abatements for K–12 schools—what does this mean for your community?

Click to read more!

#AZ #FiscalFairness #CitizenPortal #ConstitutionalLaw #ArizonaK12 #UrbanRedevelopment