Marge Chadderdon voted Yea (Passage) on this Legislation.
Title: Property Tax Act of 2006
Vote to pass a bill that deletes school maintenance and operations levy. It also increases the exemption from $50,000 to lesser of $75,000 or 50 percent of assessed market value, and raises the sales tax from 5 to 6.25 percent.
Title: Property Tax Act of 2006
Vote to pass a bill increases homeowners property tax exemptions from the first $50,000 or 50% of market value (whichever is less) of residential improvements to the first $75,000 or 50% of market value (whichever is less) of the house and funds for schools maintenance and operation costs through an increased sales and use tax of 6.25% instead of through property taxes.