NATIONAL

Inequities From Property Tax Limits Grow With Rising Home Values, Report Shows  Yahoo Finance  The 50-State Property Tax Comparison Study explores several key factors influencing property taxes, providing a comprehensive analysis of effective ...

CALIFORNIA

Richmond eyes vacant property tax to fund fight against blight Richmond Standard ... for “blight abatement, code compliance and general revenue enhancement,” according to the City Manager's newsletter. The city is inviting residents ...

FLORIDA

Florida Passes Law Amending Homestead Assessments and Other Taxes JDSupra Florida Governor Ron DeSantis recently signed into law House Bill 7061, which amends certain taxes, including the ad valorem (property) tax and its application to homestead property.

IDAHO

How unexpected revenue, federal COVID funds helped fuel Ada County property tax relief  Sports Grind Entertainment  In deliberations over the $303 million tentative county budget — the highest ever — the commissioners voted on June 23 to trim property taxes in fiscal ...

ILLINOIS

Hey, Chicago landlords, you think your taxes are high? They are.  Crain's Chicago Business  The new study found that the 2020 effective tax rate—a property's tax bill as a percent of its value—was 4.03 percent for Chicago commercial properties ...

INDIANA

Tax Court denies exemption to owners of lakefront property partially controlled by feds  Indiana Lawyer  A lakefront property owner who claimed the government's partial use of her land entitled her to a property tax exemption failed in her bid for relief at the ...

Two local companies receive tax abatements Seymour Tribune Aisin USA Mfg. Inc. came to Monday night's council meeting seeking three 10-year tax abatements and received approval for all three. Two of the ...

OHIO

Ohio Supreme Court upholds property tax exemption for Ohio State University Airport  The Columbus Dispatch  The nearly 326-acre airport, also known as Don Scott Field, has been owned by the university since 1942 and exempt from property taxes since 1943.

Tax abatement OK'd for Berkowitz-Kumin renovation Cleveland Jewish News Cleveland Heights City Council unanimously approved a tax abatement that will pave the way for Berkowitz-Kumin-Bookatz Memorial Chapel to...

TEXAS

Formosa Plastics is granted tax abatement by Calhoun Port Authority Crossroads Today The request is for 100% tax abatement for 10 years for Formosa Plastics, taking effect in 2022. Formosa Plastics halted a large plant expansion project ...

WYOMING

County treasurer explains issues with mineral tax  The Sheridan Press  Enrolled Act 9, which originated as Senate File 60, deals with ad valorem taxation of mineral production in the state. Though it overwhelmingly passed ...