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Committee votes not to advance HB 1040, citing complexity and municipal implementation concerns
House Municipal and County Government Committee · September 26, 2024
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Summary
The committee voted 16–0 not to recommend HB 1040, which would include interest in abated property tax refunds at a rate set by the Department of Revenue Administration; members and municipal assessors found the draft confusing and difficult to implement.
The committee unanimously voted not to recommend HB 1040 for further legislation after members and municipal stakeholders called the draft complex and unclear.
Representative Power and others recalled that the bill’s prime sponsor acknowledged the measure needs more work. Members reported…
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