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House Bill 1089

House Bill 1089

ARCHIVE (2006)

Latest Information

DIGEST OF HB1089 (Updated March 8, 2006 4:12 pm - DI 84)

Annexation of property zoned agricultural. Allows a city or town to exempt annexed agricultural land from property tax liability until the land is rezoned under a different classification. (Under current law, only certain municipalities may do this.) Provides that if the annexation ordinance is adopted after June 30, 2006, the property tax liability is exempted for a period of not more than 10 years.
Current Status:
Law Enacted
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