S.B. 206: Tax Amendments

About this bill

Signed by the governor on March 23, 2026. This bill modifies provisions relating to tax.

• Creates the Statewide Tax Administration and Technology Solutions program, which includes the following services: maintenance and enhancement of the statewide property tax system, including statewide web portals; provision of property valuation services; valuation of personal property of telecommunications service providers; participation in a study on the rate of a recovery fee for rentals of heavy equipment; and collation of information from county auditors on project areas and from entities that seek to receive and receive tax increment financing
• Establishes the program manager
• Transfers responsibilities from the Multicounty Appraisal Trust (MCAT) to the program manager
• Transfers existing MCAT personal property and unexpended revenue to the program manager
• Imposes accounting and reporting obligations on the program manager
• Grants rulemaking authority to the State Tax Commission to establish the requirements for the statewide property tax system and for a county to comply with a factoring order

Full bill page: steps, fiscal note and sponsors · Chief sponsor Wayne A. Harper