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House approves changes to Point of the Mountain state land authority board, tax treatment
Summary
The House passed first substitute S.B. 166 to shrink and refocus the Point of the Mountain State Land Authority board, clarify tax and land-recording provisions and remove some newspaper-publication requirements; the bill passed the House 62-2 and goes to the Senate.
Representative Tuscher presented first substitute S.B. 166, Point of the Mountain State Land Authority amendments, saying the bill shifts the authority from a larger planning board to a smaller board focused on real-estate and economic development as the project moves from planning to execution. "We, have made some great progress on the point of the mountain," Tuscher said, describing the change as a transition “from a phase of envisioning and planning into a phase of actually executing and getting the point off the ground.”
The bill reduces…
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