Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee advances House Bill 304 to add $100 million annually for property tax relief
Summary
The Senate Local Government and Taxation Committee voted to send House Bill 304 to the floor with a do-pass recommendation after sponsor Senator Scott Grove (District 14) described the bill's automatic annual transfers of $50 million to the school facilities fund and $50 million to a homeowner property tax relief fund.
House Bill 304, the committee action and effect The Senate Local Government and Taxation Committee voted to send House Bill 304 to the floor with a do-pass recommendation after sponsor Senator Scott Grove (District 14) described how the bill automatically allocates $50 million a year to the school facilities fund and $50 million a year to the homeowner property tax relief fund.
Why it matters Committee testimony said the split will lower taxable assessments statewide: the school facilities fund contribution was estimated to reduce taxes by about 5.12% for all property taxpayers, while the homeowner fund would reduce taxes for homestead-exemption…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
