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Joint Budget Committee votes to end state reimbursement program for property destroyed by natural causes
Summary
After a detailed briefing on how the destroyed‑property tax reimbursement program works and how counties and taxpayers are affected, the Joint Budget Committee approved draft legislation to end the program effective July 1 and assigned initial sponsors for the bill.
The Joint Budget Committee voted to approve draft legislation to repeal the state’s destroyed‑property tax reimbursement program, a policy that reimburses portions of property taxes when property is destroyed by natural causes.
Louella Lowe, JBC staff, presented background materials and asked the committee whether it wished to advance draft legislation to end the program effective July 1. Megan McCall of the Office of Legislative Legal Services explained the program’s mechanics: when property is destroyed during a tax year, county assessors prorate tax liability. State statute provides a program that backfills the portion of the bill…
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