Staff Analysis of the Legislation
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03.22.2016 The Senate Finance Committee gave this bill a favorable report as amended by the subcommittee. 03.15.2016 The Senate Finance Property Taxation subcommittee gave this bill a favorable report as amended. The amendment only makes technical changes. 04.22.2015 The House Ways and Means Committee gave this bill a favorable report. 04.14.2015 The House Ways and Means Property Tax subcommittee gave this bill a favorable report. Summary of the bill as introduced: Requires when calculating rollback taxes due on real property that changed from agricultural to commercial or residential, if the value of the green space is ten percent or more, it must be valued based on the green space use. |