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Joint Revenue Committee, June 8, 2026 - PM

Legislative Committee (interim) · June 8, 2026

A legislative committee reviewed the ballot "people's initiative" on property-tax exemptions, discussed possible legislative responses (including a 2% real estate transfer tax and draft bills to mirror or repeal existing exemptions), and heard a Department of Revenue briefing on a $75,000 business personal-property exemption and its fiscal effects.

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