Introduced
by
To double the amount of extra payment that must be paid by a unit of government that takes a person’s principal residence under eminent domain, if the person buys another house in the same jurisdiction within 180 days. The normal extra homestead payment is the amount the person would have saved on the original home’s property taxes over five years under the Proposal A taxable value assessment cap. The bill would change that to the amount they would have saved over 10 years.
Referred to the Committee on Urban Policy
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 86 to 20 (details)
Referred to the Committee on Judiciary