I don't know what you would call it, friction. But. But three out of four houses qualify, Chad. One out of three will pay no property taxes in the next biennium. And We put 3% cap on property tax budgets, which means if we allow that legacy fund to grow over time, the growth will outpace the increase from local political subs. I said when I started I needed it to be as much as we could do that was responsible and durable, and it needed reform. We got that. (04:14–04:25)
CLAIM
Asserts that a 3% cap on property tax budgets will allow growth to outpace local political subdivisions' increases.
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