2026 session. Prime sponsor: Dick Ames (D). Status: Sent to interim study.
Starting with fiscal year 2028 taxes, all statewide education property tax revenue would go to the state treasurer for the education trust fund instead of staying in the town. The target would rise from $363 million to $378 million, then grow 2 percent a year. Homeowner relief would cover local and state education taxes, with higher income limits, a $1,100 cap per person and $30 million in total. A study committee would examine relief for renters.
The House Ways and Means Committee voted 16-1 on February 18, 2026, to refer it for interim study, and the House approved that by voice vote on March 5, 2026. On October 7, 2026, the interim study report said "Not Recommended for Future Legislation" (vote 13-1).