Caps aggregate property tax levies at 102%. Excludes valuation for new property. Exempts $25,000 in value for residential property. Includes the disclosure of property ax information related to special taxing districts. Combines the disclosure with other disclosures and requires statements to be clear and concise. COG: Requires COGs to include planning services for local governments. Bonds: Makes the procedures for issuing essential county purpose bonds the same as general obligation bonds and ends the option of issuing a bond without an election.