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Horse boarding tax exemption
signed into law
A
piece of legislation that will extend the open space tax exemption for
horse boarders was signed into law today.
Reps. Bill
Hinkle and
Judy Warnick
were pleased to know the measure was signed into law. The 13th
District legislators had sponsored a similar measure earlier this
session, with greater expansion for the agriculture industry than what
passed the Legislature.
The measure sponsored by Hinkle and Warnick on January 15 was
House Bill 1232, which would have included property tax exemptions
for farming practices and activities related to the raising, harvesting,
feeding, breeding, managing, selling, care, or training of a farm
product.
"Whether you breed or feed livestock, you need to preserve open space
for the animals," Hinkle said. "This was a common-sense measure that
expanded agricultural tax breaks to preserve open space and help our
farmers, and boarders, be viable."
The bill passed by the Legislature and signed into law today is
House Bill 1733, introduced January 28. The measure would extend
property tax exemptions to equestrian activities only, and would excuse
others from back taxes who may have thought they received an open space
exemption.
"We heard from many constituents who had received notices of back due
property taxes, when all along they thought they were exempt under open
space laws," Warnick said. "This legislation is important to them, and
we're happy to see part of our original bill be signed into law."
House Bill 1733 goes into effect 90 days from April 26, the last day of
session.
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For more information, contact:
Sarah Lamb, Public Information
Officer - (360) 786-7720
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