A Resolution directing the Legislative Budget and Finance Committee to conduct a comprehensive study of changes in commercial property values in this Commonwealth, assess the fiscal impact on local governments and school districts and make recommendations.
HR 368 is a resolution directing the Legislative Budget and Finance Committee to study changes in commercial property values across the Commonwealth. The study will assess the financial impact of these changes on local governments and school districts, and provide recommendations based on its findings. This resolution does not create new laws but initiates an official review process to inform future fiscal decisions. It directly affects local governments and school districts by examining how property value shifts may influence their budgets.
Bill status
in committee
3 of 5 stages cleared
Introduction
Nov 2025
Committee Review
Nov 2025
House Passage
Apr 2026
Senate Passage
Governor
Introduced Nov 12, 2025
Last action Jun 24, 2026
Maddy AI version diff · 1 comparison
What changed between versions
Printer's No. PN2587
→
Printer's No. PN3318
·
3 edits
MINOR
The bill was updated to reflect its status as a reported and amended version from the Committee on Local Government. The study's scope was expanded to explicitly include Commonwealth statutes, regulations, programs, policies, and procedures in its analysis of budget shortfalls. Additionally, the scope of the study was broadened to cover both municipal and school district budgets, ensuring a more comprehensive review of fiscal impacts.
Scope change
The bill's scope was expanded to include an analysis of Commonwealth statutes, regulations, programs, policies, and procedures, and to cover both municipal and school district budgets.
REQUIREMENT
The study must now specifically identify Commonwealth statutes, regulations, programs, policies, and procedures addressing budget shortfalls.
The study must provide recommendations alongside its findings.
SCOPE
The study's focus on minimizing budget volatility was expanded to include both municipal and school district budgets.
Floor votes · House Apr 29, 2026
How they voted
26–0
Passed
Total votes 26
Apr 29, 2026
D
Democratic14
100% Yea
R
Republican12
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
4
Key actions
2
Committee
1
Amendments
1
Apr 29, 2026
House · Passed
House Vote: pass (26-0)
house
Apr 29, 2026
Lower · Passed
Reported as amended
lower
Nov 12, 2025
Committee
Referred to Local Government
lower
1 primary · 4 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Joe Webster
DDemocratic
Co
Ben Sanchez
DDemocratic
Co
Bob Freeman
DDemocratic
Co
Carol Hill-Evans
DDemocratic
Co
Nikki Rivera
DDemocratic
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