AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES

HB 5793 allows cities and towns to exceed the previously set maximum local tax levy under specific conditions. It amends the rules governing how local governments can assess and collect property taxes, providing a clearer process for exceeding the standard tax limit. This change directly affects municipal governments seeking to raise revenue beyond existing caps without requiring voter approval for every increase. The bill became law on July 1, 2025, after passing the legislature and being signed by the governor.