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”.
38 Yeas / 0 Nays | |
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Democrat (11 Yeas / 0 Nays) | |
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