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Property Tax › Legislative Agendas

Property Taxes are taxes levied against the owner of property located within a particular jurisdiction. Property taxes are often used to refer to taxes on real property. Property taxation schemes vary depending... more +
Property Taxes are taxes levied against the owner of property located within a particular jurisdiction. Property taxes are often used to refer to taxes on real property. Property taxation schemes vary depending on the country or jurisdiction.  However, a popular system involves a government assessment of the value of a property and a rate based on a proportion of the assessed value. A property may be subject to taxation by multiple taxing entities.  less -
McGuireWoods Consulting

Comprehensive Overview Of 2025 Illinois Legislative Session From McGuireWoods Consulting

McGuireWoods Consulting on

FY 2026 Budget - SB 2510 (Welch/Sims) created the fiscal year (FY) 2026 budget appropriation bill. The budget is based on estimated general funds revenues of $55.29 billion and spending of $55.04 billion for an estimated...more

BakerHostetler

Analysis of Texas House Bill 21 - Property Tax Exemptions for Housing Finance Corporations Owning Affordable Housing

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In its 89th Regular Session, the Texas Legislature enacted House Bill 21 (HB 21), introducing significant reforms to the way housing finance corporations (HFCs) own and operate multifamily affordable housing developments....more

Dentons

Iowa 2025 Legislative Session – Week 17

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Last week was the first week beyond the scheduled 110th day of the 2025 Iowa Legislative Session, and legislators made significant strides toward adjournment. On Thursday, the chambers released a joint budget agreement; with...more

Buchalter

California’s Proposed Vacancy Tax Bill Watered Down to Reporting Requirement

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A bill recently introduced in the California State Senate would have imposed a tax on commercial buildings that have prolonged vacancies, but has been rewritten after facing strong opposition. Authored by California State...more

Pullman & Comley - For What It May Be Worth

Select Connecticut Property Tax Bills Advance

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With the Connecticut General Assembly in the home stretch of the 2025 legislative session, the following noteworthy property tax bills have been voted out of committee for consideration and possible action by both chambers of...more

Dentons

Iowa 2025 Legislative Session – Week 15

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It was a quieter week at the Iowa State Capitol as we reach the final stretch of the 2025 legislative session. As the first year of a general assembly, session is scheduled for 110 days, and this year, that day falls on...more

Fox Rothschild LLP

Washington State Tax Proposal Debates: What You Need to Know

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Washington’s legislators have less than two weeks to reconcile the budget and avoid a special session. Here is a quick overview of some of the major tax proposals we’re monitoring this legislative session and a reminder for...more

Dentons

Iowa 2025 Legislative Session – Week 13

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Governor Reynolds not seeking reelection - In a video published on Friday, April 11, Governor Kim Reynolds announced that she will not seek reelection in 2026. In the post, Governor Reynolds cited her desire to be with...more

Brownstein Hyatt Farber Schreck

2025 Wyoming Legislative Session Recap

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What a wild ride, pardners! Last week, legislators hit the trails back to their home communities, and the dust has finally settled in Cheyenne after yet another unprecedented legislative session....more

Dentons

Iowa 2025 Legislative Session – Week 8

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Friday, March 7 marked the first funnel deadline for the 2025 Iowa legislative session. By midnight, policy bills had to be passed by a committee in its originating chamber to remain eligible for consideration this year....more

Cozen O'Connor

Broad Street Brief: Tax Reform Commission Releases Interim Report

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Tax Reform Commission Recommends Eliminating BIRT, Reducing Wage Tax - The Philadelphia Tax Reform Commission released its interim report this week, proposing that the City eliminate the Business Income & Receipts Tax...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 14 - February 2025

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The Georgia State Capitol buzzed on Monday as power players from across the state assembled for Georgia Electric Membership Corporation (EMC) Day. Linemen, lawmakers, and electric executives all convened to celebrate the 85th...more

Dentons

Iowa General Assembly – Legislative Session Week 1

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The 91st General Assembly gaveled in last week to begin the 2025 Iowa legislative session. The Republican Party returned to the Capitol with an even stronger hold on the legislature after the 2024 election, increasing their...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 5 - January 2025

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As the world reacted to the shove heard round the world, the General Assembly kept a low profile on Friday. Convening an hour earlier than the Senate, the House gaveled in and out before senators even made it to their desks....more

Dentons

First Day of the 2025 Iowa Legislative Session

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The Iowa Legislature gaveled in yesterday, Monday, January 13, for the first day of session. All returning and newly elected House and Senate members convened at the Capitol for the first year of the 91st General Assembly....more

Baker Donelson

A Preview of the 114th Tennessee General Assembly: First Session

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The first regular session of the 114th Tennessee General Assembly will convene on Tuesday, January 14 at noon. Members will return fresh off an election cycle that yielded a few new members but no net change in the Republican...more

Maynard Nexsen

2024 Alabama Legislative Update: Regular Session - Week Eight

Maynard Nexsen on

Budgets - On Tuesday, the House Ways and Means Education Committee approved a substitute for the $9.3 billion 2025 Education Trust Fund (ETF) Budget and supplemental ETF appropriations. The ETF is the state’s mechanism...more

Dentons

Iowa General Assembly – Legislative Session Week 4

Dentons on

Week four of the legislative session was action-packed. Drafters, legislators, advocates, and staff are hustling to keep up with the pace and volume of bills being introduced and moving through committees. A number of...more

McDermott Will & Schulte

Following Maryland’s Lead? We Guess Everyone Wants to Go to Court. Icy Challenges to Nebraska’s Advertising Services Tax Act Start...

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Nebraska Governor Jim Pillen’s ambitious plan to provide $2 billion in property tax relief via an increase in the sales tax rate and an expansion of the sales tax base is stirring significant debate. Part of his proposal is...more

Schwabe, Williamson & Wyatt PC

Oregon’s New Estate Tax Exemption for Family Businesses engaged in Farming, Forestry, ‎or Fishing Businesses

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On July 13, 2023, Governor Tina Kotek signed into law SB 498, which provides a new Oregon estate tax exemption for up to $15 million (the NR Exemption) of natural resource property that is used in a decedent’s farming,...more

Butler Snow LLP

2023 Texas Legislative Updates to Public Facility Corporations Owning Multifamily Developments

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During the 88th Regular Session, the Texas Legislature passed HB 2071 to address the perceived misuse of property tax incentives used by Public Facility Corporations (PFCs). The legislation significantly updated Texas Local...more

Buckingham, Doolittle & Burroughs, LLC

Time to Clean Up Your Real Property Tax Value - Deadline to Take Advantage of New Property Tax Law is Quickly Approaching

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A taxpayer who believes the county assessment is too high, or that the value of their property declined, may contest the valuation and reduce the taxes owed by establishing a lower valuation is warranted. This often includes...more

Orrick, Herrington & Sutcliffe LLP

Bond Measure Ballot Question Fix for AB 195/AB 809 Requirements

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Good news! California Senator Scott Wiener, 11th Senate District, has introduced Senate Bill 532 (“SB 532”), which, if enacted into law, would provide an option to California school districts and other local governments...more

Womble Bond Dickinson

Review of 2022 Arizona Tax Highlights

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ARIZONA TO IMPLEMENT 2.5% FLAT TAX AHEAD OF SCHEDULE - Governor Doug Ducey announced that Arizona will implement its new 2.5% flat income tax rate on January 1, 2023, a full year ahead of schedule. According to Gov. Ducey,...more

McDermott Will & Schulte

Real Estate Update Q1/2023: Neuerungen im Immobilienwirtschaftsrecht

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Das neue Jahr 2023 bringt einige wichtige Gesetzesänderungen für die Immobilienbranche mit sich, die Ihre Aufmerksamkeit verlangen. In unserem Real Estate Update werfen wir einen Blick auf ausgewählte Gesetzesänderungen, die...more

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