2008 House Bill 5978

Give state money to locals for foregone property tax fees

Introduced in the House

April 10, 2008

Introduced by Rep. Steve Bieda (D-25)

To authorize reimbursement by the state to local governments for revenue foregone as a result of certain business property tax break laws, in which the local governments do not collect the usual “administration fee” that is tacked on to property tax bills. The bill does not provide any money for the reimbursements, but creates a segregated fund that could be used for this.

Referred to the Committee on Tax Policy