BILL · 2023–24 SESSION

SB 5407: Property tax administration

Concerning the administration of property taxes.

Summary

  • Allows the Department of Revenue to convert certain informal tax appeals to a formal appeal under certain additional circumstances.
  • Aligns the valuation date for government-owned property that loses its tax exempt status with that provided under current law for real property.
  • Provides that a correction of a levy error may exceed the levy’s statutory maximum levy rate when the error is not the fault of the taxing district.
  • Makes changes to a taxing district's authority to restore a levy and the highest levy amount for merged taxing districts.

From the Senate Bill Report (SB 5407), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 16, 2023
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
June Robinson (D-38)
Introduced
January 16, 2023 in the Senate
Last action
January 8, 2024
Requested by
State agency
Companion bill
HB 1303
Budget
Has a fiscal note

AN ACT Relating to the administration of property taxes;

Sponsors

Prime sponsor: June Robinson (D-38)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Ways & Means.

SB 5407 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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