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Ray Signs Tax Relief Bill Aims To Freeze Property Ratios
Gov. Robert Ray signed a law providing retroactive assessment limits for commercial industrial and utility property and local option property taxes. The measure freezes tax ratios, caps increases, increases residential and ag credits, and allows referendums for levy limit exceptions. It also shifts relief to reduce next year’s tax rise by about 20 million dollars while protesters press for energy conservation and utility rate reforms.
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Des Moines
Robert Ray
Ray