Tax Relief / Reform
In 2019, Dr. Stucky co-authored House Bill 3 which provides almost $5 billion in property tax relief to homeowners and property owners across the state. It increases the state's share of education funding in order to buy down school district property taxes, mandates ongoing reductions in school property tax rates, and requires districts to conduct efficiency audits to ensure taxpayer dollars are being used responsibly.
Additionally, he co-sponsored Senate Bill 2 which reforms the property tax system to make it more transparent. It provides real-time tax information to inform property owners who is proposing to raise their rates, by how much, and when and where they can go to protest. Additionally, it lowers the voter approval rate to 3.5% for most taxing units, triggering an automatic election for voters to approve the increase when it exceeds the voter approval rate.