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Committee recommends resolution backing transfer‑fee changes intended to bolster county land‑information funding
Summary
Committee members voted to recommend the county board adopt a resolution supporting a state bill that would lower the per‑transaction transfer fee but shift a larger share to counties and increase minimum grant floors for land information programs.
Rusk County committee members voted to ask the county board to adopt a resolution supporting state legislation to alter real‑estate transfer fees and distribution formulas, staff said.
Under the bill described to the committee, the statewide transfer fee would drop to $2 per $1,000 of value (noted in discussion as $2 per thousand). The bill would change the distribution so counties retain 50 percent of the fee, 30 percent goes to the state general fund and 20 percent funds a land‑information account; a…
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