Introduced
by
To place before voters in the next general election a Constitutional amendment to allow higher property tax assessments on property that is deemed “blighted” by local government officials. Under current law, property assessments are supposed to be 50 percent of the property’s true cash value. Under the resolution, for so-called “blighted” property the assessment would be 75 percent of true cash value.
Referred to the Committee on Intergovernmental, Urban, and Regional Affairs
