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Committee backs usage tax to replace property tax for centrally assessed utilities

2579311 · March 12, 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

Members voted to send House Bill 329 to the floor with a due-pass recommendation after sponsors described a switch from property valuation to usage-based taxation (kilowatt-hour and therm taxes) intended to stabilize revenue amid appraisal litigation.

The Senate Local Government and Taxation Committee voted to send House Bill 329 to the Senate floor with a due-pass recommendation after hearing that the measure would replace property tax assessments for certain centrally assessed utility properties with a usage-based tax.

Representative Jeff Ehlers, District 21 (Meridian), told the committee the change is designed to resolve recurring litigation under the federal ‘‘4R Act’’ by converting centrally assessed utility valuations…

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