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Committee adopts amendments, sends due‑pass for omnibus tax bill including park district cap increases and exempt‑property reporting
Summary
The Finance and Tax Committee amended House Bill 1572 — an omnibus tax reform bill — to raise a park district maximum to $15 million, add a uniform taxing‑district reporting system, reinstate the legislative tax reform advisory committee, and add a requirement for the tax commissioner to estimate values of exempt property. The committee voted to
The House Finance and Tax Committee voted to amend and recommend a due‑pass for House Bill 1572, an omnibus tax measure containing multiple reforms including park district levy limits, a uniform taxing‑district reporting requirement and a reinstatement of a legislative tax reform and relief advisory committee.
Committee members adopted multiple amendments before voting on the bill as amended. Representative Machtenbacher presented a set of substantial changes to the bill and described the amended language as affecting several sections, including a change to a park district maximum and additions to reporting…
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