Staff Analysis of the Legislation
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04.05.2016 The Senate Finance Committee gave this bill a favorable report as amended by the subcommittee.
03.22.2016 The Senate Finance Property Taxation subcommittee gave this bill a favorable report as amended. The amendment eliminates any loopholes for structures other than billboards.
02.10.2016 The House Ways and Means Committee gave this bill a favorable report as amended. The amendment requires both written and electronic notice to the assessor if a mistake is made.
02.04.2016 The House Ways and Means Property Tax subcommittee gave this bill a favorable report as amended. The amendment requires written notification from property owners for 2014 and 2015 changes in assessments.
Summary of the bill as introduced: Classifies off-premise outdoor advertising signs as personal property and requires an off-premise sign site to be taxed at its value that existed before the erection of the sign. |
