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Old 01-27-2009, 08:35 AM  
TheSenator
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Join Date: Feb 2003
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SECTION 1. (a) The maximum amount of any ad valorem tax on real property shall not exceed One percent (1%) of the full cash value of such property. The one percent (1%) tax to be collected by the counties and apportioned according to law to the districts within the counties.
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