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Revenue director says governor recommended one year of property‑tax refund funding amid broader policy debate
Summary
Director Brett Fanning said the governor recommended funding one year of the property tax refund program while a package of proposals—including a potential ballot initiative and a 25% owner‑occupied attestation—create uncertainty about demand; the Department of Revenue asked for a two‑year funding request but the governor recommended one year.
Department of Revenue Director Brett Fanning told the Joint Appropriations Committee the property tax refund (PTR) program is means‑tested and administratively intensive and that last year the department distributed nearly $15 million under the PTR program. The department submitted a request for two years of funding to the committee; the governor’s recommendation, Fanning said, was for one year of funding.
Fanning and his staff explained the program’s workload…
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