Committee on Taxation agrees to move property-tax package including two-year 20-mill reauthorization

The Committee on Taxation agreed to accept the conference committee position on bill 02/2025, which would reauthorize a 20-mill property-tax authorization for two years and include related changes to filing fees, revenue-neutral rate paperwork, municipal budget deadlines and the annual tax-statement mailing date.

The committee’s decision matters because the measures affect county clerks, treasurers, taxing units and taxpayers statewide: they touch on how revenue-neutral calculations are presented, when local budgets are due, whether clerks can carry forward prior levies when budgets are late, and when taxpayers receive their property tax statements.

Committee staff summarized the package as five distinct provisions. Eddie, a staff member, said: “There are kind of in essence 5 provisions here. 1 is the reauthorization of the 20 mills, for the next 2 years. The next is the, BOTA filing fee provision that would exclude the filing fee in cases in which a pending an appeal from a prior year is still pending on the same property. The third is the changes to the revenue neutral rate form, that were previously…