An Act relative to fines on certain commercial and revenue property
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill addresses fines related to the valuation of commercial and revenue property. It aims to clarify and potentially modify the process by which property valuations are determined through written returns of information. The bill was referred to the Revenue committee and subsequently underwent hearings to discuss potential adjustments to the fines associated with these valuations.
Key provisions
- Addresses fines associated with commercial and revenue property valuations.
- Relates to written returns of information used to determine property valuation.
- Was subject to hearings by the Revenue committee.
- Included a study order (H5236) related to the bill.
- Similar bills (S.1964, H.2447, H.2882, H.2776, H.3176) have been considered in the past.
- Scheduled hearings were held and subsequently canceled and rescheduled.
Who is affected
- Property owners of commercial and revenue property
- Tax assessors and valuation officials
- The Department of Revenue
Notable changes
- The bill focuses on clarifying and potentially adjusting fines related to property valuation processes.
- It involves a review of the information gathered through written returns.
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Cosponsor
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