Raised S.B. No. 450
Session Year 2024
 


AN ACT PHASING IN THE EXEMPTION OF MOTOR VEHICLES FROM PROPERTY TAX AND INCREASES IN THE UNIFORM PROPERTY ASSESSMENT RATE.

To provide a five-year phase-in of a property tax exemption for motor vehicles and increase the uniform property assessment rate over the same period.

Introduced by:
Finance, Revenue and Bonding Committee

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Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 3/28/2024Public Hearing 04/01
 3/26/2024Referred to Joint Committee on Finance, Revenue and Bonding

Co-sponsors of SB-450

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