State Democrats propose major property tax cut

  • Thu Mar 8th, 2018 11:38am
  • News

Senate Democrats have passed Senate Bill 6614 to reduce property taxes by nearly $400 million.

“Democrats had significant concerns last year with the Republican proposal to fund schools through the increase insisted upon by the Republican,” said Sen. Kevin Ranker. “Last year’s final budget barely avoided a government shutdown and reflected our core Democratic values. Unfortunately, however, it relied upon the single largest property tax increase in state history.”

This legislation reduces the calendar year 2019 state property tax rate by nearly $400 million statewide.

The bill will go to the House for further consideration.