The Ag Land Assessment Oversight Advisory Task force holds another meeting today in Pierre. The committee, made up of members of the legislature and citizens, is to over see the implementation of the new property tax assessments. Committee Chair, Senator Larry Rhoden of Union Center, says they hope to get some public input on how the changes are being received…
[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2011/08/Larry-Rhoden-829a.mp3|titles=Larry Rhoden 829a]Ag property is now being taxed on its ability to produce income, instead of selling price. Rhoden says there have been some bumps along the way…
[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2011/08/Larry-Rhoden-829b.mp3|titles=Larry Rhoden 829b]Rhoden says they will watch potential changes to land that has been flooded long term, and how assessments should be applied in those cases..
[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2011/08/Larry-Rhoden-829c.mp3|titles=Larry Rhoden 829c]Rhoden says he doesn’t expect any proposed legislation to come out of their summer sessions.