SB 868 Exempts from property tax land that is an out-of-service rail corridor being used as a trail under federal law
Sponsor: Kehoe
LR Number: 4278S.01I Fiscal Notes
Committee: Ways and Means
Last Action: 2/13/2018 - Voted Do Pass S Ways and Means Committee Journal Page:
Title: Calendar Position:
Effective Date: August 28, 2018

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Current Bill Summary

SB 868 - This act exempts from state, county, and local property tax any portion of a landowner's parcel of land on which a rail easement for an out-of-service rail corridor is being used as a trail under federal law.

This act is identical to SB 250 (2017) and SCS/SB 1094 (2016).