This bill lowers the annual property tax revenue growth limit for most taxing districts from 3% to 2.5%, making it harder for local governments to increase tax collections year-to-year. The bill also removes school districts from this revenue limit entirely, meaning they will now be subject to their own separate property tax collection limits instead of the general taxing district rules.
Senate Do Pass Amended Failed, YEAS 13, NAYS 21. S.J. 491
Senate Deferred to another day S.J. 468
Taxation Do Pass Passed, YEAS 6, NAYS 0. S.J. 27
Taxation Scheduled for hearing
First read in Senate and referred to Senate Taxation S.J. 394
House of Representatives Do Pass Amended Passed, YEAS 39, NAYS 31. H.J. 389
State Affairs Do Pass Amended Passed, YEAS 9, NAYS 3.
State Affairs Motion to amend
State Affairs Scheduled for hearing
First read in House and referred to House State Affairs H.J. 198
Prime sponsor · Rep
R
Dist. HD-012
Do Pass Amended
Taxation — Do Pass
Do Pass Amended
State Affairs — Do Pass Amended