Saturday, May 18, 2024
Saturday, May 18, 2024

Senate Passes Property Tax Bill; 15 Other Bills Passed

The Senate reconvened today at 11 a.m. and passed 16 bills.

Senate Bill 401 would reform and modernize procedures and time frames for assessments of real and personal property, notices of assessments, and appeals of assessments. It provides special provisions for the assessment of industrial and natural resources property.

The Senate also passed Senate Bill 517, which would create the Uniform Real Property Electronic Recording Act. Under the proposed bill, any requirement of state law describing or requiring that a land record document be an original, on paper, or in writing are satisfied by a document in electronic form. In addition, any requirement that the document contain a signature or acknowledgment is satisfied by an electronic signature or acknowledgment.

Additionally, the Senate advanced several bills to third reading, including Senate Bill 230, better known as the Optometry Bill. Several amendments were adopted before advancing the bill to third reading with the right to amend.

The following committees will meet today:
Finance- 3 p.m. 451M
Judiciary- 3 p.m. 208W

The following committees will meet tomorrow:
Economic Development- 9 a.m. 451M
Transportation and Infrastructure- 10 a.m. 451M
Government Organization- 2 p.m. 208W
Banking and Insurance- 2 p.m. 208W

The Senate will reconvene tomorrow at 11 a.m.

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