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Finance Committee keeps regional assessment districts framework, sets transition timeline and stakeholder review
Summary
Legislative counsel outlined modest edits to House language on regional assessment districts; committee approved retaining the 12-district structure, set transition dates and directed a stakeholder working group and department report to refine implementation details.
Legislative counsel Kirby Keeve told the Finance Committee on an item about regional assessment districts that the bill’s core approach would remain unchanged and that the department of taxes asked for modest clarifying edits.
The committee’s discussion centered on administration and timing: Keeve said the legislation would keep 12 regional assessment districts based on counties and that Property Valuation and Review (PVR) would publish guidelines and contracting procedures. He described the edits as "pretty straightforward, not drastic change it." Keeve also described transition language that would halt new municipal reappraisals ordered under the current system on Jan. 1, 2027, while the new regional model would take effect Jan. 1, 2030.
Why it matters: the bill reorganizes how property reappraisals are run in…
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