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OPM outlines technical updates to municipal reporting and depreciation rules in SB 1343; CCM seeks drafting fixes
Summary
The Office of Policy and Management asked the Planning and Development Committee to approve SB 13‑43, a technical bill that would standardize certain municipal reporting processes and personal property depreciation schedules and add an enforcement mechanism for missing reports.
Martin Heft, Undersecretary for Intergovernmental Policy and Planning at the Office of Policy and Management, told the committee SB 1343 implements recommendations to streamline municipal reporting, clarify assessment and tax collection practices, modernize certain processes and add enforcement for failure to file statutory reports to OPM.
Heft said OPM…
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