A4953 — Requires municipalities to share certain payments received in lieu of property taxes with school districts; informs counties and school districts of application for property tax exemption.

A4953 — Requires municipalities to share certain payments received in lieu of property taxes with school districts; informs counties and school districts of application for property tax exemption. · Informed CitizenryThis legislation adjusts how certain payments are handled between local governments, specifically requiring that municipalities sharing payments—known as payments in lieu of property taxes (PILOT…Open in Informed Citizenry