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Revenue panel defines 'residential real property' and sends bill to Senate after technical amendments
Summary
Senate File 153, which implements a voter-approved constitutional amendment creating a residential property class, was amended for implementation details and passed unanimously out of the Revenue Committee; the committee revised definitions to align with deeded real property and removed an arbitrary 35‑acre cap.
Senate File 153, a bill intended to implement a voter‑approved constitutional amendment that creates a separate class for residential real property, passed the Senate Revenue Committee after technical amendments clarifying definitions and implementation steps.
Senator Larry Barlow, the bill sponsor, told the committee the bill "goes into the statutes, and it creates that 4th class in the statutes" and that the text seeks to give effect to the constitutional change while leaving assessment‑rate decisions to the legislature. He recommended modest, implementable definitions and noted selectors such as number of families and acreage could affect the state's information systems.
Brenda Henson, director of the…
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