For tax years 2027 through 2031, this bill caps how much the assessed value of owner-occupied single-family homes in a county can increase each year at 3 percent, with an exception allowing additional increases for new construction or properties newly classified as owner-occupied single-family dwellings. The bill limits growth in the total county assessment pool for this category of property while still allowing counties to account for improvements and reclassifications. This change takes effect July 1, 2027.
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Taxation Tabled Passed, YEAS 12, NAYS 0. H.J. 9
Taxation Scheduled for hearing
House of Representatives Referred to House Taxation H.J. 237
First Reading House H.J. 220
Prime sponsor · Rep
R
Dist. HD-030
Tabled
Tabled