Committee delays vote on SB2039 after questions about 'agricultural property' exemption, new construction and 'endpoint user' definition

The Finance and Taxation Committee heard extended technical discussion of Senate Bill 2039, which would alter the definition and tax treatment of agricultural property and storage. Officials from the Office of the State Tax Commissioner and the State Supervisor of Assessments answered multiple questions about how the proposed changes would be administered, what constitutes an "endpoint user," and whether new construction in cities could qualify for a farm-storage exemption under the bill as written.

Shelly Myers, state supervisor of assessments, told the committee she advises tax directors and that, "there's nothing to prohibit that" under current code interpretations, meaning a structure built in a city could qualify if it met the bill's language. On the question of…