HB 1106 Summary

• Requires county auditors to publish notices of township, city, and county equalization meetings in official newspapers for two consecutive weeks, with specific publication windows and meeting date requirements.

• Establishes an electric generation, transmission, and distribution tax fund as a continuing appropriation, with revenue allocated to counties based on transmission line mileage and distributed to taxing districts.

• Imposes a $300 per-mile tax on transmission lines after their fourth year of operation and establishes a one percent monthly penalty plus twelve percent annual interest on delinquent electric transmission taxes.

• Allows property owners to appeal assessments to the state board of equalization if foreclosed from attending proceedings due to notice requirement failures or irregularities in assessment proceedings.

• Makes general partners of limited liability limited partnerships personally liable for unpaid taxes unless the partnership posts a cash deposit or bond equal to estimated annual tax liability.