SB 113 allows land used for raising horses to qualify for agricultural property tax rates, the same way farmland and ranches do. This change means horse operations will receive lower property tax assessments based on their agricultural use rather than being taxed at higher residential or commercial rates.
Taxation Deferred to the 41st legislative day Passed, YEAS 6, NAYS 0. S.J. 1
Taxation Scheduled for hearing S.J. 1
First read in Senate and referred to Senate Taxation S.J. 115
Drew Dennert
Prime sponsor · Rep.
R
Julie Frye-Mueller
Prime sponsor · Sen.
R
Cosponsors
Taxation — Deferred to the 41st legislative day