Bill
SF 2108
Overview: SF 2108, Lakeshore land payment establishment modification, was referred to the Taxes committee. It was introduced on March 03, 2025.Purpose and Intent: The bill aims to
Overview: SF 2108, Lakeshore land payment establishment modification, was referred to the Taxes committee. It was introduced on March 03, 2025.
Purpose and Intent: The bill aims to modify the way payments are established for lakeshore land in the state, potentially impacting property taxes and revenue for local governments.
Key Provisions:
- Revises the formula used to determine payments for lakeshore land
- Requires the state to conduct a study on the impacts of the new payment formula on local governments and property owners
Affected Parties and Impacts:
- Owners of lakeshore properties may see changes to their property tax assessments and payments
- Local governments that rely on revenue from lakeshore land payments may be impacted, potentially requiring adjustments to budgets and services
Procedural and Timeline Considerations:
The bill has been referred to the Taxes committee for further consideration and review.
Compiled from official sources — confirm details with the bill’s official record.
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