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Sponsor outlines plan to cut primary‑residence property taxes by up to 70%; amendment work remains
Summary
Representative Ben Koppelman presented a plan, House Bill 1390, to reduce property taxes on primary residences by 70% as part of a wider reform and restraint strategy; sponsor said drafting amendments are needed to preserve existing credits.
Representative Ben Koppelman told the Finance and Taxation Committee he would present House Bill 1390 as part of a three‑part approach—reform, restraint and relief—to address property‑tax concerns. The bill as discussed in committee would provide up to a 70% reduction in tax liability on a primary residence, subject to drafting fixes the sponsor said were pending amendment.
Koppelman said Legislative Counsel inadvertently removed existing…
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