An Act establishing a local option for freezing property tax appraisals

This bill allows local governments (like towns or cities) to choose whether to freeze property tax appraisals for a set period. If adopted, it would prevent annual increases in a property's assessed value used to calculate taxes, directly affecting homeowners in communities that implement the freeze. The key mechanism is a local vote by municipal authorities to adopt the freeze option, which would halt tax hikes tied to rising property values. This creates a concrete policy change for local revenue management without mandating statewide action.