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Article updated: 11/3/2011 3:08 PM

Franks: No more taxes when property values dip

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Rep. Jack Franks argues legislation while on the House floor. He’s proposed limiting how much local governments can ask for in taxes when property values dip.

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State Rep. Jack Franks is pushing legislation that would prohibit local governments like school districts from asking for more property taxes in years when property values go down.