2019 House Bill 4025

Clarify "big box" store property taxation

Introduced in the House

Jan. 10, 2019

Introduced by Rep. Beau LaFave (R-108)

To revise the standards by which property tax valuations of vacant “big box” stores are assessed. The bill would revise standards so that owners who have reportedly “gamed” the system by placing deed restrictions on closed stores that lower their market value (and tax assessment) could no longer do so.

Referred to the Committee on Local Government and Municipal Finance