Revises Energy Tax Receipts Property Tax Relief Aid program; requires all energy taxes to be paid directly to municipalities.

This bill changes how energy tax receipts are distributed to municipalities. Starting in Fiscal Year 2022, energy companies will pay these taxes directly to the municipalities where they operate, instead of to the state. The State Treasurer will oversee this process, determining amounts and informing both companies and towns. If the total energy taxes collected are more than what the state would have provided, the extra amount will be distributed based on property values. If the state fails to follow these new rules, it will not collect certain energy taxes.

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