State Property Tax Eliminated
The Joint Finance Committee completely eliminated the state property tax when negotiations over the state budget continued this week. Eliminating this tax will save the average homeowner about $26 on their property tax in addition to the other property tax relief in the budget. The committee also took votes on the DNR and Department of Agriculture, Trade and Consumer Protection.
Next week, the committee will decide K-12 education funding and the capital (building) budget. The Committee plans to complete its action the first week in September, tackling Transportation, Tax Relief and the few remaining issues.