WED AM Update: Committee to hold hearing on ‘dark store’ tax loophole bills; Group Insurance Board meets

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The Madison Club

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-- The Senate Revenue, Financial Institutions and Rural Issues Committee is holding a public hearing this morning on two bills that would address the so-called "dark store" tax loophole.
That loophole has allowed retailers to appeal their assessed property tax values and argue they should be more comparable to vacant, but similarly sized buildings.
The bills include one that would overturn a 2008 state Supreme Court decision that property tax assessments for leased retail property mus...

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