Introduced
by
To establish that the property conveyances that would result from the proposal in Senate Bill 18 would not be subject to the taxable value “bump up” wherein the new basis for property tax assessments becomes the property’s state equalized value (market value), rather than the capped “taxable value”.
Referred to the Committee on Local Government
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 38 to 0 (details)
To establish that the property conveyances that would result from the proposal in Senate Bill 18 would not be subject to the Proposal A taxable value “bump up,” wherein the new basis for property tax assessments becomes the property’s state equalized value (market value) rather than its capped “taxable value”.
Referred to the Committee on Appropriations
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 109 to 1 (details)
To establish that the property conveyances that would result from the proposal in Senate Bill 18 would not be subject to the Proposal A taxable value “bump up,” wherein the new basis for property tax assessments becomes the property’s state equalized value (market value) rather than its capped “taxable value”.