Sep 10, 2009

Midyear property tax repeal a potential ‘nightmare’ for counties

Legislative Republicans may have to reconcile themselves to at least one year of the state equalization property tax. It would be theoretically possible to repeal the tax retroactively during the next legislative session, so that property owners would be reimbursed for the taxes already paid under the equalization rate. But any lawmaker hoping to do so can expect fierce opposition from county trea[...]