HB1181 extends the period that counties can apply a reduced-value tax formula for newly constructed structures from five years to ten years after completion. The bill also allows individual property owners to request that their specific structure be fully taxed without the formula, while still allowing counties to apply the formula to other new structures—giving owners and county commissioners more flexibility in how new construction is taxed.
State Affairs Deferred to the 41st legislative day Passed, YEAS 9, NAYS 4.
State Affairs Do Pass Amended Failed, YEAS 4, NAYS 9.
State Affairs Motion to amend
State Affairs Scheduled for hearing H.J. 1
State Affairs Deferred to another day
State Affairs Scheduled for hearing H.J. 1
First read in House and referred to House State Affairs H.J. 176
Roger Chase
Prime sponsor · Rep.
R
Tim Reed
Prime sponsor · Sen.
R
State Affairs — Do Pass Amended
State Affairs — Deferred to the 41st legislative day