HB 2011: Decreasing the rate of ad valorem tax imposed by a school district, increasing the extent of exemption for residential property from the statewide school levy and providing for certain transfers to the state school district finance fund.

Here is a simple summary of the bill: This bill aims to lower the property taxes you pay for your local schools. It includes two main changes: * **Tax breaks:** It lowers local school property taxes and gives homeowners a bigger discount on state school taxes. * **Funding:** Because these tax cuts would reduce money for schools, the bill moves money from other state funds to make sure schools still have the budget they need. **Status:** The bill is currently being debated in the House of Representatives.