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SR 0470 - Title Ad Valorem Tax; create Joint Study Committee

Tracking Level: Watch
Sponsor: Chuck Hufstetler (R)
Last Action: 1/8/2018 - Senate Recommitted
Senate Committee: Finance

Staff Analysis of the Legislation

SUMMARY: LC 34 5207

Would create a Joint Study Committee on Title Ad Valorem Tax. The committee would consist of 10 members, five members of the Senate as appointed by the President of the Senate, and five members of the House of Representatives as appointed by the Speaker of the House. The President of the Senate and the Speaker of the House would each designate a member to serve as co-chairpersons.

The purpose of this committeee is to study the TAVT fee and ensure that revenues are being distributed evenly between state and local governments.

This committe will be abolished on December 1, 2017.

 

 


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