News & Analysis as of

Property Tax Tax Reform State Taxes

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 -
Holland & Knight LLP

Florida Gov. Ron DeSantis Signs 2025 Tax Bill into Law

Holland & Knight LLP on

Florida Gov. Ron DeSantis recently signed House Bill 7031 into law, enacting sweeping changes to Florida's tax statutes that include updates to the sales tax on commercial leases, sales tax relief, certain corporate income...more

Fox Rothschild LLP

Sticker Shock at Closing Tables for Dealership Sellers

Fox Rothschild LLP on

Selling an auto dealership in New Jersey just got more expensive — and more complicated. As of July 10, 2025, changes to New Jersey’s so-called “Mansion Tax” have shifted the burden of this transfer tax onto the seller. A...more

Bracewell LLP

Texas Tax Update: Key Changes Enacted During the 89th Legislature

Bracewell LLP on

The final day has passed for Governor Abbott to veto legislation that was approved during Texas’ 89th Legislature Regular Session. While the governor has called a special session commencing July 21, he has not identified any...more

Husch Blackwell LLP

Wisconsin Repeals Tax on Telecommunications Towers

Husch Blackwell LLP on

On July 3, 2025, Wisconsin Governor Tony Evers signed 2025 Wisconsin Act 15 into law, marking a significant milestone for the telecommunications industry in the state. This new legislation specifically exempts radio,...more

Bressler, Amery & Ross, P.C.

New Jersey Modifies Mansion Tax on Sales of Real Property

The New Jersey state legislature has passed new legislation, as part of the State’s 2026 fiscal year budget, that directly and significantly impacts sellers and buyers of real property in New Jersey. Previously, a 1% fee...more

Vorys, Sater, Seymour and Pease LLP

Legislative Changes to the Board of Revision Process are Coming

Substitute House Bill 96 (Sub. H.B. 96), Ohio’s operating appropriations bill for fiscal years 2026-2027, was passed by the General Assembly on June 25, 2025. The law modifies changes made by Amended Substitute H.B. 126...more

Vorys, Sater, Seymour and Pease LLP

Wisconsin's Tax Reform: Catalyzing Data Center Investment

Wisconsin has emerged as a hotspot for data center development, with numerous project announcements coinciding with recent legislative tax reforms. Two significant changes—the elimination of most tangible personal property...more

Vorys, Sater, Seymour and Pease LLP

From Indiana to Disney Springs: Major Developments in Property Tax Law

In the last legislative session, the Indiana General Assembly introduced and passed significant changes to Indiana’s business personal property tax regime. The changes in Indiana’s SB 1, along with subsequent amendments from...more

Vorys, Sater, Seymour and Pease LLP

Ohio Reduces Property Tax on Utilities; Encourages Infrastructure Development

Ohio Governor DeWine recently signed Substitute House Bill 15 (HB 15) which will become the law effective August 14, 2025. HB 15 contains many reforms related to public utilities including: (1) tax changes favorable to select...more

Dickinson Wright

Ohio House Bill 15 Changes Ohio’s Energy Landscape

Dickinson Wright on

On April 30th, 2025, the Ohio General Assembly overwhelmingly passed Substitute House Bill 15, which makes major changes to state energy policy to encourage the development of more in-state electric generation. Sponsored by...more

Pullman & Comley - For What It May Be Worth

Select Connecticut Property Tax Bills Advance

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

Pullman & Comley - For What It May Be Worth

Connecticut Uniform Capacity Tax Bills for Solar PV, BESS Heard

Two bills that aim to advance the concept of a uniform capacity tax for solar photovoltaic (PV) systems and battery energy storage systems (BESS) were the subject of a public hearing before the Connecticut General Assembly’s...more

Dentons

Iowa 2025 Legislative Session – Week 11

Dentons on

Legislators continued to work hard in Week 11 of the 2025 Iowa Legislative Session as the second funnel deadline rapidly approaches. This week featured long caucus meetings followed by floor debate, and the long-awaited...more

Pullman & Comley - For What It May Be Worth

Connecticut Property Tax Appeal Deadline Extended

In Connecticut, the deadline to appeal property tax assessments to local Boards of Assessment Appeals (BAAs) is either February 20 or March 20 depending on when the municipality finalizes its Grand List. ...more

Pullman & Comley - For What It May Be Worth

Connecticut Property Tax Bills to Get Public Hearings

Two of the Connecticut General Assembly's most influential committees are holding public hearings this week on the following property tax bills of note...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 14 - February 2025

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

Womble Bond Dickinson

Recap of 2024 Arizona Tax Developments: No More City Sales Tax on Residential Rentals!

Womble Bond Dickinson on

Beginning January 1, 2025, Arizona lessors will no longer be required to collect and remit city Transaction Privilege Tax (TPT) on residential rentals. Senate Bill 1131, Chapter 204, Laws 2023 amended Ariz. Rev. Stat. Ann. §...more

Buckingham, Doolittle & Burroughs, LLC

Challenges Businesses Face with Ohio State and Local Taxes

From understanding how businesses are taxed to navigating changes in Ohio tax regulations, it’s important to be aware of potential tax hurdles and how to proactively avoid them. This article from Buckingham, Doolittle &...more

Pierce Atwood LLP

Rhode Island Businesses Could Soon Receive Tax Relief

Pierce Atwood LLP on

Rhode Island Senate leadership is backing legislation that would exempt the first $100,000 of tangible property from property taxation by municipalities. The tangible tax is currently levied on businesses for property other...more

Pullman & Comley - For What It May Be Worth

March 10 Public Hearing on Bills Impacting Connecticut Taxpayers

On March 10, 2023 at 11:00 a.m., the Connecticut General Assembly’s Planning and Development Committee will hold a public hearing on the following bills of interest to both commercial and residential taxpayers...more

Pullman & Comley - For What It May Be Worth

New Remedial Bill Concerning Connecticut Property Tax Exemption for Manufacturers in Certain Municipalities

Connecticut has adopted a variety of property tax exemptions for certain specified uses of real and personal property, including property used in manufacturing. The prerequisite filing obligations and deadlines associated...more

Pullman & Comley - For What It May Be Worth

New State-Wide Property Tax Proposed in Connecticut Public Hearing Scheduled for February 27, 2023

Two bills pending before the Connecticut General Assembly seek to impose a new state-wide property tax on different classes of real property.  Currently, property taxes are only imposed at the municipal level of government. ...more

Orrick, Herrington & Sutcliffe LLP

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

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

Womble Bond Dickinson on

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

Parker Poe Adams & Bernstein LLP

South Carolina Passes Targeted Tax Reform Legislation

The South Carolina General Assembly passed tax reform legislation providing targeted relief to individuals and to manufacturers, including (i) a one-time rebate of up to $700 in 2021 taxes for individuals; (ii) cuts to the...more

47 Results
 / 
View per page
Page: of 2

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide