WeVote
Log In

Bill

Bill

S 3115

Authorizes assessing units to provide a real property tax exemption for private airports

2025 Regular Session Introduced by Pam Helming

Summary of S 3115: Authorizes assessing units to provide a real property tax exemption for private airports Bill OverviewThis bill, S 3115, authorizes local assessing units (such a

REFERRED TO LOCAL GOVERNMENT
0
WeVote Research Nonpartisan
Bill Summary · S 3115

Summary of S 3115: Authorizes assessing units to provide a real property tax exemption for private airports

Bill Overview

This bill, S 3115, authorizes local assessing units (such as counties, cities, or towns) to offer a real property tax exemption for private airports within their jurisdiction. The goal is to provide tax relief and incentivize the development and maintenance of private airports, which can serve important economic and transportation functions in their communities.

Key Provisions

  • Allows assessing units to grant a real property tax exemption for any privately-owned airport within their borders
  • The exemption would apply to the land, buildings, and other structures that make up the private airport
  • Assessing units can determine the specific terms and conditions of the tax exemption program, including the eligibility criteria and duration of the exemption
  • Provides assessing units the flexibility to offer partial or full tax exemptions for private airports

Potential Impact

  • This bill aims to make it more financially viable for private entities to operate and invest in local airport infrastructure
  • By reducing the tax burden on private airports, it could incentivize airport development, expansions, and improvements in communities
  • Supporters argue this will help maintain a robust network of smaller private airports that serve important roles in regional transportation and economic development
  • Critics may be concerned about the potential loss of tax revenue for local governments, which could impact budgets and services

Procedural Details

  • S 3115 was introduced in the state legislature on November 6, 2025
  • The bill has been referred to the Local Government committee for further consideration and potential amendments
  • This bill is related to several prior-session bills (listed above) that also addressed property tax exemptions for private airports

Overall, S 3115 represents a legislative effort to provide tax incentives for the maintenance and growth of privately-owned airport facilities across the state.

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

Sign in to ask a question.