On March 4, Legislative Director Kevin Kinnally testified before the Budget and Taxation Committee in opposition to SB 822 – Property Tax – Tax Credit for Nonprimary Residence. This bill mandates a property tax credit for nonprimary residences.
SB 822 forces a costly, state-imposed reduction in local revenue at a time when counties are already grappling with growing fiscal pressures, unfunded mandates, and proposed cost shifts.
Counties already have the authority to offer targeted tax relief when appropriate, and many have structured local tax credits to balance homeowner support with fiscal sustainability. A one-size-fits-all state mandate ignores fiscal realities, undermining local decision-making and responsible budgeting.
More on MACo’s Advocacy:
Counties already have the authority to offer targeted tax relief when appropriate, and many have structured local tax credits to balance homeowner support with fiscal sustainability. A one-size-fits-all state mandate ignores fiscal realities, undermining local decision-making and responsible budgeting.