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Committee hears bill to require 8-year reviews and public database for tax-exempt property

2103743 · January 9, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

HB29 would require the Department of Revenue to periodically review properties claiming tax-exempt status and to maintain a public database; witnesses described prior reviews and the appeals process.

House Bill 29, presented to the House Taxation Committee, would require the Department of Revenue (DOR) to review locally tax-exempt properties on an eight-year cycle and to maintain a public database listing exempt parcels and specified information. Proponents said periodic review will update records and recapture properties no longer qualifying for exemptions.

Sponsor Sherry Essman said the bill stems from a legislative-audit recommendation and prior work, including a state reapplication requirement after the 2015 Legislature. Essman said the proposal would require DOR to review tax-exempt parcels…

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