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Committee passes bill requiring three‑fourths vote to divert property tax relief trust fund
Summary
HB1074 passed out of the House Revenue & Taxation Committee to require a three‑fourths legislative vote before using Property Tax Relief Trust Fund money for any purpose other than property tax relief. DFA said the bill has no administrative (physical) impact; the motion to pass carried in committee.
State Representative David Ray’s House Bill 1074 would require a three‑fourths vote to use funds from the Property Tax Relief Trust Fund for purposes other than property tax relief. The Revenue & Taxation Committee voted to pass the bill at the hearing.
Ray told the committee the intent is to honor voter intent under Amendment 79 by making it more difficult to repurpose the fund. He…
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