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State and Local Government New Legislation Property Tax

Polsinelli

Texas HB 21 Reshapes the Requirements and Effects of Chapter 394 of the Texas Local Government Code

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Texas House Bill 21 (HB 21), signed into law in May, has dramatically shifted affordable housing tax exemptions across the state. Specifically, HB 21’s primary impact is on a housing finance corporation’s area of operation...more

Orrick, Herrington & Sutcliffe LLP

Summary of Legislation Relating to Public Finance Enacted by the 89th Texas Legislature (Regular Session)

This article briefly summarizes a select list of legislation relating to public finance enacted by the 89th Legislature (Regular Session) that became law. Bills are arranged by subject matter, in numerical order within each...more

Butler Snow LLP

Major Reforms to Chapter 394: HB 21 Brings Sweeping Changes to Housing Finance Corporations in Texas

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During the 89th Texas Legislative Session, Representative Gary Gates authored and passed House Bill 21, a comprehensive reform of Chapter 394 of the Texas Local Government Code. This legislation, which became effective on May...more

Keating Muething & Klekamp PLL

Ohio Revised Code § 5709.56

In 1972, the average home price in the United States was approximately $30,000. Fifty years later, that number broke $500,000, an increase that is, no doubt, aggravated by a 4.5 million-unit deficit in supply. State and local...more

Bricker Graydon LLP

Ohio Passes Expansive Law to Promote Energy Generation in Response to Concerns about Grid Reliability

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Rising electricity demand from data centers, industrial reshoring, and electrification have sparked national concern about grid reliability. With forecasts pointing to even greater energy needs, some stakeholders warn that...more

Frost Brown Todd

Texas HB 19 Takes Aim at Local Government Debt and Tax Practices

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Perhaps the most impactful public finance bill making its way through the Texas Legislature currently is House Bill 19 (HB 19). The bill is largely an amalgamation of other bills filed this session (notably, House Bill 1453...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

Frost Brown Todd

Large Kentucky Multifamily Housing Projects Are Now IRB-Eligible

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Kentucky local governments now have an additional tool to help address their housing shortages thanks to legislation enacted during the 2025 Kentucky General Assembly. A provision of Senate Bill (SB) 25 authorizes local...more

Vorys, Sater, Seymour and Pease LLP

The Evaluator - Winter 2025: Ohio Property Tax Updates

The Legislative Changes to HB 126 Introduced in 2024 Were Not Enacted Into Law - In 2024, there were two separate efforts by the Ohio legislature to amend House Bill 126 (HB 126) to address and clarify issues that have...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (3/10)

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Gov. JB Pritzker’s $300M proposal seeks to attract developers to abandoned sites that now draw only vandals- “The Pritzker administration said the program would create jobs and support community revitalization, and the...more

Saul Ewing LLP

New Castle County Council Introduces Ordinance to Extend Deadline to File a Property Tax Assessment Appeal

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Appeal deadline is currently March 14.  Council has introduced an ordinance to extend deadline to March 31, 2025.  The ordinance will not be considered until March 13....more

Ballard Spahr LLP

Seattle Passes Bill to Incentivize “Office-to-Residential” Conversions

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The Seattle City Council passed Council Bill 120937 on February 11, 2025, aimed to encourage developers and commercial property owners to convert underutilized commercial properties into residential housing. Set to take...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!

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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

Cozen O'Connor

Cozen Cities - January 8, 2025

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CHICAGO — Jobs Slightly Down Since Last Year, State Data Shows - The Chicago metro area experienced a 0.2% drop in non-farm jobs between November 2023 and November 2024. While private education, health services, and...more

Pullman & Comley - For What It May Be Worth

Connecticut Motor Vehicle Taxation Laws Revised Again

In 2022, the Connecticut General Assembly enacted a group of laws that changed the manner in which motor vehicles are assessed and taxed. The complete implementation of these statutes has been delayed in part due to various...more

Dentons

Iowa General Assembly – Legislative Session Week 4

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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...

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

Holland & Knight LLP

Florida's New Live Local Act Offers Land Use and Tax Benefits

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Florida Gov. Ron DeSantis signed into law Senate Bill 102 on March 28, 2023, with an effective date of July 1, 2023. Commonly referred to as the Live Local Act (the Act), it has significant land use, zoning and tax benefits...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

Brownstein Hyatt Farber Schreck

Major Property Tax Relief Passed by the Colorado Legislature, Now It’s Up to the Voters

In the waning hours of the legislative session, the Colorado General Assembly passed a bill that would ask voters to approve a 10-year property tax relief plan to combat skyrocketing home values and backfill lost revenue for...more

Shutts & Bowen LLP

Florida's Live Local Act

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The Live Local Act (SB 102) (the “Act”) amends multiple provisions of the Florida Statutes with the overarching purpose of spurring additional development of affordable housing in the State. Importantly, for qualifying...more

Bilzin Sumberg

New Florida Law to Turbocharge Affordable Housing Development

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Governor Ron DeSantis signed into law Senate Bill 102 (“Live Local Act” or the “Act”) on March 28, 2023. The majority of the Live Local Act will go into effect on July 1, 2023, with certain provisions pertaining to tax...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

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

Dentons

Iowa General Assembly – Legislative Session Week 1

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The 90th General Assembly convened for the 2023 legislative session on Monday, January 9. Monday consisted of short organizing sessions in the House and Senate and speeches by leadership in both parties. Priorities set by the...more

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