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Audit-driven bill would require building-permit reports to Department of Revenue to reduce missed appraisals
Summary
Senate Bill 404 would require local governments or the Department of Labor & Industry to send building and electrical permits to the Department of Revenue within 60 days (sponsor said 90 days is possible). Supporters said the step would address audit findings that new construction is being missed in appraisal rolls.
Senator Dave Fearn presented Senate Bill 404 to address a gap identified in a Legislative Audit Division report that found new-construction appraisals were sometimes missed, leading to property-tax inequities. SB 404 would require local governments or the Department of Labor & Industry to electronically send copies of building or electrical permits for…
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