HB 5698: AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES
Topics
✓ Budget & TaxesSupports Budget & TaxesPrevents property tax increases for low/moderate-income homeowners by basing assessments on sales price instead of market value, providing direct tax relief.
✓ HousingSupports HousingPrevents tax increases for low/moderate-income homeowners by basing assessments on sales price instead of market value, maintaining housing affordability for qualifying owner-occupied units.
Sponsors
Karen Alzate
(D)
,
Terri Cortvriend
(D)
,
Lauren Carson
(D)
,
Justine Caldwell
(D)
,
Grace Diaz
(D)
+5 more