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Senate advances bill to clarify property-tax exemptions for charter schools and certain training facilities
Summary
A third substitute to Senate Bill 125 treats land owned by charter schools prior to construction as exempt like school-district property and clarifies exemptions for U.S. Olympic Committee–registered nonprofit training facilities; sponsor said fiscal-note estimates need correction and has engaged local officials.
SALT LAKE CITY — On Feb. 25 the Senate considered third-substitute Senate Bill 125, a measure addressing property-tax exemptions for charter-school land and certain nonprofit training facilities.
Senator Bramble explained the bill resolves two primary issues: it treats charter school–owned land that has not yet…
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