DeLuca spearheads local property tax relief

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Underscoring the need to help lower taxes for homeowners and keep tax dollars local, state Rep. Anthony DeLuca is leading a legislative effort to increase the amount of money local governments receive from the Local Government Distributive Fund. DeLuca’s House Bill 4169 would increase the state income tax transfer amount into the LGDF. Currently, 6.06 percent of individual income tax revenues and 6.85 percent of corporate income tax revenues are distributed to local governments. DeLuca’s proposal would raise this distribution to 8 percent of individual income taxes and 9.11 percent of corporate income taxes, comparable to state commitments in the past.

 

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