Agricultural land assessment.
SB 7 amends the capitalization rate used to determine property taxes for agricultural land statewide. This change directly affects farmers and ranchers who own land assessed under the agricultural land base rate. The bill modifies the specific percentage calculation method used to value agricultural land for tax purposes. It does not create new programs or change land use rules, only adjusting the tax assessment formula.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 14, 2025
Last action Jan 16, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
0
2 primary · 0 co-sponsors
Sponsors
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