S59 — 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.

S59 — 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 bill amends existing laws regarding long-term tax exemptions and the distribution of payments made in lieu of property taxes. It requires municipalities to remit a portion of the annual servic…Open in Informed Citizenry