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Sponsor Converts Property‑tax Rewrite to Study After Unresolved Transition Issues

2510201 · March 5, 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

Representative Nathan Toman told the committee he converted House Bill 1474 — an attempt to move from valuation-based residential property tax to a square‑footage approach — into a study after finding potential unintended tax increases for low‑value homes during transition.

Representative Nathan Toman introduced House Bill 1474 as an effort to reform residential property taxation by replacing market valuation with a square‑footage method for above‑grade residential structures and lots. He said the bill was converted to a study after the sponsor was unable to find a way to mitigate unintended tax increases on lower‑value properties during the transition.

Toman said…

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