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Committee advances SB 3 to adjust property-tax-related rate from property tax relief fund
REVENUE & TAX - SENATE · June 17, 2024
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Summary
Senator Steve Crowell introduced SB 3 to increase a property-tax-related figure from ‘4.25’ to ‘5.00’ and fund it from the property tax relief fund supported by a 0.5 sales-tax special revenue stream; the committee passed the bill by voice vote.
Senator Steve Crowell introduced SB 3 to the Senate Revenue & Tax committee, describing the bill as a property-tax-related adjustment that would increase the reported rate from 4.25 to 5.00 and draw the…
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