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Representative Wise seeks broad property‑tax relief that includes ag and commercial primary properties
Summary
House Bill 15 75 would reduce primary‑residence and primary‑use rates across residential, agricultural and commercial classes; supporters from chambers, farm groups and business organizations urged the committee to include broad‑based relief in the session’s package.
Representative Robin Wise presented House Bill 15 75, which would reduce the tax factor applied to primary residences and primary‑use agricultural and commercial property. "On the residential primary, [this bill] changes ... from 9% down to 6%," Wise said, and it would reduce the agricultural and commercial primary rates as well.
Wise estimated the change would cost roughly $540 million…
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