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I-13.3 - Education Act

Section 723.2
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723.2. (Repealed).
2013, c. 16, s. 187; 2018, c. 5, s. 57.
723.2. For the 2013-2014 and 2014-2015 fiscal years, a school board that has sufficient fiscal resources as determined under section 475 or 475.1, that benefited from an amount applied to the reduction of the school tax for the 2012-2013 fiscal year under the second paragraph of section 475.2, and whose taxation rate for that fiscal year was less than the maximum rate set in section 308 receives a subsidy corresponding to one half of the amount applied to the reduction of the school tax in the preceding fiscal year.
2013, c. 16, s. 187.
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