SB 806
Directs Legislative Revenue Officer to study land value taxation and report to interim committees of Legislative Assembly by September 15, 2020.
| Status | In Senate Committee (SFR) |
| Session | 2019 Regular Session |
| Requested by | (at the request of Kris Nelson) |
| Sponsors | Lee Beyer (Democrat) (Chief) |
| Fiscal impact | May have fiscal impact, but no statement yet issued |
| Revenue impact | May have revenue impact, but no statement yet issued |
Bill Text
Directs a study of land value taxation systems where land is taxed at a higher rate than improvements.
Overview#
Directs Legislative Revenue Officer to study land value taxation and report to interim committees of Legislative Assembly by September 15, 2020. Defines “land value taxation” to mean property tax system that imposes higher uniform rate of tax on land assessments than on improvement assessments. Sunsets on date of convening of 2021 regular session of Legislative Assembly. Takes effect on 91st day following adjournment sine die.
Legislative History
| Date | Chamber | Action |
|---|---|---|
| 2019-02-19 | S | Introduction and first reading. Referred to President's desk. |
| 2019-02-20 | S | Referred to Finance and Revenue. |
| 2019-06-30 | S | In committee upon adjournment. |