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Committee endorses process requiring counties to coordinate before buying land in another county
Summary
The committee favorably recommended a second-substitute of House Bill 445, which would require a memorandum of understanding or legislative action before a county purchases property in another county and establishes a multi-year tax‑agreement framework; the substitute was adopted unanimously.
The Senate Revenue and Taxation Committee on Feb. 26 adopted and favorably recommended the second substitute to House Bill 445, a measure aimed at formalizing how counties buy property located in other counties and how those properties are taxed. Representative Strong told the committee the bill "requires that when property is gonna be purchased in another…
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