MACo Supports Bill to Apply Homestead Property Tax Credit to Bicounty Commissions and Special Taxing Districts with Amendments

In its written testimony submitted to the Senate Budget and Taxation Committee and the House Ways and Means Committee this week, MACo offered amendments to SB 683/HB 892 suggesting that a county be given the option of determining whether an assessment cap should apply to single county special taxing districts.

As introduced, these bills would make the homestead property tax credit apply to any property tax imposed by a county for a bicounty commission and a special taxing district.  MACo’s concern is that these bills could extend their reach and inadvertently affect some districts where applying the assessment cap is not appropriate.   Amendments are being worked on by both the Senate and House sponsors to remove special taxing districts from the bill.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Close Menu
%d bloggers like this: