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Senate adopts tax commissioner budget but drops cooperative homeowners from primary-residence credit
Summary
The Senate adopted the conference committee report on House Bill 1,006, funding the Office of the State Tax Commissioner and reducing some reclassification/equity pay items, while the conference report does not extend the primary-residence credit to properties owned through cooperatives; senators spoke in support and protest before passage.
The Senate adopted the conference committee report on House Bill 1,006, the Office of State Tax Commissioner’s budget, after debate over pay adjustments and whether cooperative-ownership dwellings qualify for the primary-residence tax credit.
Senator Wojcick, who presented the conference report, told the chamber that the committee made three changes to the bill: a $50,000 reduction to a previously appropriated $511,800 for FTE reclassification and equity adjustments (bringing that line to $461,800); trimming a one‑time administrative appropriation for a tax-relief program from $1.5 million to $1.0 million for advertising and IT; and excluding…
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