From the Legislature: Talking taxes in the Legislature

In Taxation Committee, Week 5 started with bills to lower taxes for certain types of income or property taxes. SB 194 proposed to give tax credits to landlords who lower rent to below market rate, with taxpayers picking up the tab for the rest of the tax burden. The legislator who carried that bill pulled it after the cost to the state’s other taxpayers was pointed out. SB 125 is a bill still floating around that would require all mill levies passed by a vote of the people to have an automatic sunset (end) in a standard number of years. The number of years and which levies to possibly exe...