Posted: | December 20, 2012 04:37 PM |
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From: | Representative Will Tallman |
To: | All House members |
Subject: | Property Tax Relief -- Prior HB 2315 |
TO: All House Members FROM: Rep. Will Tallman DATE: December 20, 2012 SUBJECT: Property Tax Relief - Prior HB 2315 In the near future I plan to reintroduce legislation (former HB 2315). Property tax and land assessment reform is an issue that has been debated and considered on multiple occasions over the course of recent legislative sessions. The need for these debates, stem from the burden property taxes place on homeowners. This legislation by amending Title 53 as it relates to actual property tax limitations. If enacted, my legislation would prohibit property taxes from being increased more than 10% annually as a result of a reassessment. This 10% annual limit would be in place until the total property tax obligation rate is realized for a single tract or parcel of real property |
Introduced as HB338