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HB 625 (2025)

Allows municipalities to charge nonprofits in lieu of taxes

Summary:

Allows municipalities to charge nonprofits a payment equal to 25% of what they would owe in property taxes. Under current state law, qualified nonprofits can file for a complete property tax exemption.

Bill Sponsor:
Bill Bolton
Democratic party logo
Bill Became Law?:
No
Status:
HOUSE
Status Detail:
Killed in the House
Public Hearing Date:
02/04/2025 10:30 am
Public Hearing Location:
LOB Room 307
House Voting Date:
03/06/2025