SPONSOR: Taylor (48)
COMMITTEE ACTION: Voted "Do Pass with HCS" by the Special Committee on Property Tax Reform by a vote of 13 to 0.
The following is a summary of the House Committee Substitute for HB 3354.
Currently, the levy for blind pensions is set at a rate of $0.03 per $100 valuation of taxable property.
This bill changes the levy to 2.75 cents per $100 valuation of taxable property.
The following is a summary of the public testimony from the committee hearing. The testimony was based on the introduced version of the bill.
PROPONENTS: Supporters say that the Blind Pension Fund is the only state property tax imposed, but the number of participants in the Blind Pension Fund is decreasing. Those in support of the bill state the bill rolls back the state property tax levy from $0.03 to $0.0275.
Testifying in person for the bill was Representative Taylor.
OPPONENTS: There was no opposition voiced to the committee.
Written testimony has been submitted for this bill. The full written testimony and witnesses testifying online can be found under Testimony on the bill page on the House website.
Statutes affected: