SB 548 - Munzlinger, Brian
Prohibits the State Tax Commission from raising agricultural land productive values under certain circumstances
Bill Details
Sponsor
LR Number
4295S.01I
Title
SB 548
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2018
Committee
Current Status
SCS Voted Do Pass S Ways and Means Committee (4295S.02C)
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SCS/SB 548 - This act prohibits the State Tax Commission from promulgating a rule that increases agricultural land productive values more than two percent over the current values in effect prior to the rule promulgation or eight percent above the lowest value in effect in any of the ten years prior to the rule promulgation.
This act is substantially similar to SB 364 (2017), and is similar to SS/SB 543 (2014) and HB 2178 (2014), and to a provision contained in HCS/HB 1640 (2014).
JOSHUA NORBERG