prohibiting the use of negative property tax rates in certain municipalities.

HB 1385 prohibits municipalities with minimal or no public education costs from using negative property tax rates, which would otherwise require the state to pay the municipality for taxable property. The bill specifically targets towns or cities that have taxable property but allocate little or nothing to public education in their budgets. It requires the Department of Revenue Administration to reject any negative tax rate proposals from these localities. This change takes effect immediately upon the bill's passage and applies statewide to all qualifying municipalities.