Ricketts, in his State of the State message Thursday called on lawmakers to pass a property tax overhaul, merge state agencies and approve incremental income tax cuts that would begin in 2019. On the property tax side, Ricketts wants to change how the state assesses property for taxation purposes.
Ricketts says implementing the property assessment change in 2019 would give local governments and county assessors time to prepare for it. Ricketts also outlined an effort aimed at cutting state income taxes, by lowering the state’s top income tax bracket in increments anytime state revenue grows by more than 3.5 percent.