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SB 905 - This act states that when revising a school district's tax rate each year, the aggregate increase in valuation of property assessed by the State Tax Commission for the current year over the previous year shall be considered new construction and improvements. The Department of Elementary and Secondary Education and any other government agency involved in the tax rate process shall update all necessary forms, reports, and documents. This act is identical to SB 905 (2018) and HB 2169 (2018) and similar to a provision contained in HCS/SCS/SBs 300 & 306 (2017) and HCS/SB 434 (2017). JAMIE ANDREWS
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