Real Property Valuation Cap
Summary
The bill ensures that the actual value of property used for purposes of valuation for assessment does not increase by more than 6% between 2022 and 2023 for property that does not have an unusual condition that results in an increase in actual value.(Note: This summary applies to this bill as introduced.)
Bill status
in committee
1 of 4 stages cleared
Introduction
Nov 2023
Committee Review
Floor Vote
Governor
Introduced Nov 17, 2023
Last action Nov 17, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
1
Committee
1
Nov 17, 2023
Introduced
Introduced In Senate - Assigned to Local Government & Housing
upper
Nov 17, 2023
Upper · Passed
Senate Committee on Local Government & Housing Postpone Indefinitely
upper
2 primary · 0 co-sponsors
Sponsors
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