A274 — Increases distribution to municipalities from Energy Tax Receipts Property Tax Relief Fund over five years to restore municipal aid reductions; requires additional aid to be subtracted from municipal property tax levy.

A274 — Increases distribution to municipalities from Energy Tax Receipts Property Tax Relief Fund over five years to restore municipal aid reductions; requires additional aid to be subtracted from municipal property tax levy. · Informed CitizenryThe bill amends existing law regarding state aid to municipalities and establishes the "Energy Tax Receipts Property Tax Relief Fund." It mandates that an annual amount equal to $740,000,000 (or a…Open in Informed Citizenry