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Finance and Taxation committee votes 'do not pass' on study of square‑foot residential assessment (House Bill 14-74)

2531722 · March 10, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The committee voted to recommend "do not pass" on House Bill 14-74, a proposed study of assessing residential property by square footage. Members raised concerns about inequities, effects on agricultural and centrally assessed property, and election costs for local governments.

The Senate Committee on Finance and Taxation voted to recommend "do not pass" on House Bill 14-74, a proposed "shall consider" study to examine residential property taxation based on square footage.

Senator Wallen moved a "do not pass" recommendation on the study; Senator Romo seconded. After a roll call, the clerk recorded the motion as adopted with five yes votes, zero no votes and one member not voting. Committee members…

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