On January 27, Legislative Director Kevin Kinnally submitted written testimony to the Ways and Means Committee in support of HB 294 – Personal Property Tax – Exemptions for Low Assessment – Alteration. The bill preserves tax relief for small businesses while allowing the State Department of Assessments and Taxation (SDAT) to collect basic eligibility information, ensuring proper oversight without adding unnecessary burdens. Maintaining accurate tax records promotes fairness among businesses and helps counties effectively manage local revenue needs. From MACo Testimony:HB 294 strikes a reasonable balance between taxpayer relief and responsible tax administration. This bill supports practical and sustainable fiscal policy by allowing SDAT to verify eligibility without imposing new taxes or liabilities.