BILL · 2007–08 SESSION
SB 5281: Property tax
Modifying the interest rate calculation on property removed from current use classification.
Summary
- The amount of applicable interest to be charged on the amount of additional tax imposed when land is removed from current use classification, must be equal to the average of the rate of inflation for each year used to calculate the total amount of additional tax.
From the Senate Bill Report (SB 5281), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 16, 2007
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- Jim Clements (R-14)
- Introduced
- January 16, 2007 in the Senate
- Last action
- January 14, 2008
- Budget
- Has a fiscal note
AN ACT Relating to the interest rate calculation on property removed from current use classification;
Sponsors
Prime sponsor: Jim Clements (R-14)
4 co-sponsors (1 Democrat, 3 Republicans)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- Referred to Ways & Means.
- Minority; without recommendation.
- And refer to Ways & Means.
- GO - Majority; do pass.
- First reading, referred to Government Operations & Elections.
SB 5281 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 5281 (2025–26) Vessel length/nonresident
- SB 5281 (2023–24) Aircraft fuel excise tax
- SB 5281 (2021–22) Fruit & vegetable businesses
- SB 5281 (2019–20) Benchmark rate/comm services
- SB 5281 (2017–18) On-site sewage systems
- SB 5281 (2015–16) Spec'lty electrician certifs
- SB 5281 (2013–14) Child welfare safety assmnt
- SB 5281 (2011–12) PUDs/deferred compensation