Livestock Tax Exemption Bill Signed Into Law By Gov. Stitt

Governor Kevin Stitt signed a bill into a law that exempts livestock from property taxes if it's used to support a family. That includes animals owned by corporations, LLCs, estates and trusts, as well as animals owned partially or fully by people or corporations in a different state.

Wednesday, May 25th 2022, 6:02 pm

By: News On 6


Governor Kevin Stitt signed a bill into a law that exempts livestock from property taxes if it's used to support a family.

That includes animals owned by corporations, LLCs, estates and trusts, as well as animals owned partially or fully by people or corporations in a different state.

The law goes into effect in January 2023.

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