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Committee advances bill to involve county assessors in TIF/TID processes and allow administrative fees
Summary
Senate Bill 2080, presented as an Association of County Assessors request bill, would require assessors be included as an information resource on TIF/TID projects, align TIF/TID borders with parcel lines and allow administrative fees to cover assessors’ ongoing costs; the committee passed the bill 8–2.
Senator Albert presented a request bill from the Association of County Assessors that would require municipalities to provide assessor offices information on proposed tax-increment financing (TIF) and tax-increment districts (TID), align TIF/TID boundaries with legal parcel lines, and include a mechanism for modest administrative fees to cover long-term TIF monitoring and management.
Albert told the committee the measure would help ensure assessors can timely and accurately track new construction and tax adjustments related to TIFs. He said administrative costs vary by county size and that larger counties with multiple TIFs have designated staff for TIF monitoring; the bill contemplates a negotiated, modest fee to cover ongoing management over the life of a TIF.
Several senators said they supported the reporting requirement but expressed concern about the unspecified fee level; one member said she would vote no without more specifics. Albert and supporters said the fee would be negotiated and designed to cover the assessor office’s management time for potentially 25-year TIF periods.
The committee voted 8 ayes and 2 nays to advance the bill. Supporters asked to continue work on the fee language to address members’ concerns.
