Senate Finance & Revenue: Tuesday, April 18, 2023
The committee held public hearings on a proposal to petition for property tax roll corrections and a special exemption to the estate tax for natural resource businesses.
Hearing Summary
On Tuesday, the Senate Finance & Revenue Committee held public hearings on a bill allowing property owners to petition a property tax assessor to correct errors in the tax roll if an adjustment exceeds three percent of the property's assessed value. The committee also held a public hearing on a proposal providing a special exemption to the estate tax for family-owned natural resource businesses.
