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Bill would create seasonal‑recreation replacement aid to reduce referendum tax burden in districts with many cabins
Summary
Senate File 1197 would create seasonal‑recreation tax‑base replacement aid to reduce the local tax effort required for voter‑approved operating referendums in school districts with large shares of seasonal/cabin properties; the bill does not change how cabins are taxed.
Senate File 1197, presented to the Senate Taxes Committee, would establish a seasonal recreation tax‑base replacement aid intended to reduce the local tax effort required to fund voter‑approved operating referendums in school districts with substantial seasonal and recreational property such as cabins. The bill's author told the committee the bill does not change how cabins are taxed but would provide state aid to offset the fact that many seasonal properties are excluded from the local referendum tax base.
Senator Housechild said the proposal targets districts where seasonal recreational…
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