19614389ACC6928B87258B850063FD7E Hearing Summary CLICS/CLICS2024B/commsumm.nsf PUBLICBILL SUMMARY For SCR24B-001SENATE COMMITTEE ON FINANCEDate Aug 26, 2024 Location SCR 357 SCR24B-001 - Postponed Indefinitely 12:12:12 PM Senator Hinrichsen presented SCR24B-001, which refers a ballot measure to the November 2024 election allowing local governments to seek future voter approval to change from ad valorem taxation of property to a land value tax. 12:18:30 PM Senator Hinrichsen responded to committee questions about a land value tax system. 12:33:31 PM The committee recessed. 12:43:48 PM The committee reconvened. 12:45:33 PM Senator Hinrichsen continued to respond to questions from the committee and provided closing comments. 12:52:39 PM Motion Refer SCR24B-001 to the Committee on Appropriations. Moved Hansen Seconded Buckner No Hansen No Simpson No Smallwood No Van Winkle No Kolker Excused Mullica No YES: 0 NO: 6 EXC: 1 ABS: 0 FINAL ACTION: FAIL 12:52:52 PM Motion Postpone SCR24B-001 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. Moved Hansen Seconded Buckner Yes Hansen Yes Simpson Yes Smallwood Yes Van Winkle Yes Kolker Excused Mullica Yes Final YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS