Relating to the property tax system; and prescribing an effective date.
Summary
Requires Legislative Revenue Officer to study property taxation. Directs officer to submit report of findings, including recommendations for legislation, to interim committees of Legislative Assembly related to revenue not later than September 15, 2024. ] Extends sunset dates of various property tax exemption programs. Removes provisions of property tax exemption for community solar projects that restrict exemption to proportion owned by residential customers or leased by residential subscribers. Expands property tax exemption for food processing machinery and equipment to include machinery and equipment used to process meat and wild game. Authorizes city or county to administratively approve or terminate property tax exemption for multiple-unit housing project. Authorizes city or county to exempt from property tax entire structure of multiple-unit housing converted from other use. Extends low income rental housing property tax exemption to housing units owned by limited equity cooperative corporations. Authorizes city or county to establish schedule in which, for 10 years, percentage of property tax exemption granted to affordable multiunit rental housing increases directly with percentage of units rented to households with annual income at or below 120 percent of area median income. Allows surviving spouse of disabled veteran to continue homestead property tax exemption without filing new claim. Takes effect on 91st day following adjournment sine die.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2023
Committee Review
Jun 2023
House Passage
Jun 2023
Senate Passage
Jun 2023
Signed into Law
Jul 2023
Introduced Jan 9, 2023
Signed Jul 27, 2023
Floor votes · Senate Jun 22, 2023 · House Jun 13, 2023
How they voted
24–0
Passed · 5 other
Total votes 29
Jun 22, 2023
D
Democratic17
100% Yea
I
Independent1
0% Nay
R
Republican11
63% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
21
Key actions
7
Committee
6
Jul 27, 2023
Signed into law
Governor signed.
lower
Jun 24, 2023
Upper · Passed
President signed.
upper
Jun 24, 2023
Lower · Passed
Speaker signed.
lower
Jun 22, 2023
Introduced
Vote explanation(s) filed by Anderson.
upper
Jun 22, 2023
Upper · Passed
Third reading. Carried by Golden. Passed.
upper
Jun 20, 2023
Upper · Passed
Recommendation: Do pass the A-Eng. bill.
upper
Jun 15, 2023
Committee
Referred to Tax Expenditures.
upper
Jun 15, 2023
Introduced
First reading. Referred to President's desk.
upper
Jun 13, 2023
Lower · Passed
Rules suspended. Third reading. Carried by Nathanson. Passed.
lower
Jun 12, 2023
Lower · Passed
Recommendation: Do pass with amendments and be printed A-Engrossed.
lower
May 26, 2023
Committee
Referred to Tax Expenditures by order of Speaker.
lower
May 26, 2023
Committee
Without recommendation as to passage and be referred to Tax Expenditures.
lower
Jan 12, 2023
Committee
Referred to Revenue.
lower
Jan 9, 2023
Introduced
First reading. Referred to Speaker's desk.
lower
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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