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HD 3007

An Act relative to privately owned public use airport real estate taxes

194th Legislature (2025-2026) Introduced by Kate Hogan

Summary of HD 3007: An Act relative to privately owned public use airport real estate taxes Purpose and IntentThis proposed bill aims to establish a new tax assessment and collecti

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Bill Summary · HD 3007

Summary of HD 3007: An Act relative to privately owned public use airport real estate taxes

Purpose and Intent

This proposed bill aims to establish a new tax assessment and collection system for privately owned public use airports in the state. The key goal is to provide more equitable and predictable real estate tax treatment for these airport properties.

Key Provisions

  • Tax Assessment Methodology: The bill would require airports to be assessed for real estate tax purposes based on their "fair cash value" as determined by the local assessor, rather than using a standardized per-acre valuation.
  • Annual Tax Payments: Airports would be required to make annual real estate tax payments to the municipality where the airport is located, based on the assessed fair cash value.
  • Dispute Resolution Process: The bill establishes a formal appeal and dispute resolution process that airports can use if they disagree with the assessor's valuation or tax bill.
  • Exemption for Certain Improvements: Certain airport infrastructure improvements like runways, taxiways, and navigational aids would be exempt from real estate taxation under this legislation.

Affected Parties

The primary parties affected by this bill would be:
- Privately owned public use airports in the state
- Municipal governments that host these privately owned airports
- Taxpayers and residents in municipalities with private airports

Timeline and Procedure

  • If enacted, the new tax assessment and payment system would take effect starting in the 2027 fiscal year.
  • Airports would be required to submit annual real estate declarations to local assessors by March 1 each year.
  • Assessors must provide airports with their proposed valuations by June 1, at which point the formal dispute resolution process could be initiated.

Overall, this bill represents an effort to create a more equitable and transparent system for taxing privately owned public use airports in the state, while also providing some targeted exemptions for key airport infrastructure.

Compiled from official sources — confirm details with the bill’s official record.

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