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Legislative Year: 2025 Change
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Bill Detail: SB25-259

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Title Eliminate Destroyed Property Tax Reimbursement Program
Status Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole (04/01/2025)
Bill Subjects
  • State Government
  • State Revenue & Budget
House Sponsors S. Bird (D)
R. Taggart (R)
Senate Sponsors J. Bridges (D)
B. Kirkmeyer (R)
House Committee
Senate Committee Appropriations
Date Introduced 03/31/2025
AI Summary
Summary

Joint Budget Committee. Current law allows the owner of real
or business personal property that was destroyed by a natural cause, as
determined by the county assessor, to be reimbursed by the state in an
amount equal to the amount of property tax levied on the destroyed
property in the property tax year in which the natural cause destroyed the
property (reimbursement program). Beginning with property tax year
2025, the bill ends the reimbursement program.

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (03/31/2025) (most recent)  
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