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Panel advances bill to preserve tax-exempt status for some state-owned lands after Supreme Court ruling
Summary
The Appropriations Committee advanced Senate File 81 to exempt certain state-owned property from property taxes; discussion cited a recent state Supreme Court ruling and an estimated fiscal impact of about $1.9 million on local taxing authorities.
The Appropriations Committee voted to advance Senate File 81, a bill intended to preserve property tax exemption for certain state-owned lands that a recent state Supreme Court ruling had placed at risk.
Senator Hicks described the bill as a response to a court decision involving state institutional lands in Bridger County, saying the ruling created broad implications that could…
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