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Committee hears $400 property tax rebate pitch as a "Plan C" option

House Taxation Committee · April 15, 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

Sen. Wiley Galt presented SB 434, a $400 per‑household property tax rebate (check or credit) intended as a fallback option to provide immediate relief; municipal leaders and business groups supported it as practical relief while DOR staff fielded eligibility questions for entities such as trusts and LLCs.

Senator Wiley Galt described Senate Bill 434 as a simple, $400 rebate (or potentially a credit applied on tax bills) aimed at providing relatively broad and immediate property tax relief. "This is just a $400 rebate, very similar to what we did last time," the sponsor said, framing it as a pragmatic option if other, larger measures do…

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