(at the request of House Interim Committee on Revenue)
Chief Sponsors:
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Regular Sponsors:
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Bill Title:
Relating to the assessment of property for property taxation; prescribing an effective date.
Catchline/Summary:
Provides that for first property tax year after sale or transfer of property, assessed value and maximum assessed value equal real market value of property. Provides that for first property tax year after sale or transfer of property, assessed value and maximum assessed value equal real market value of property.
Takes effect only if constitutional amendment proposed by House Joint Resolution 12 (2015) is approved by people at special election held throughout state on same date as next primary election. Takes effect on effective date of constitutional amendment proposed by House Joint Resolution 12 (2015).
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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HB 2080 House Committee On Revenue
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