PROP TAX-10% EAV INCREASE CAP
Synopsis of Bill as introduced:
Amends the Property Tax Code. Provides that, notwithstanding any
other provision of law to the contrary, the equalized assessed value,
less that part of the equalized assessed value attributable to new
improvements to the property, of residential real property may not be
increased from one general assessment to the next by more than 10%.
Effective January 1, 2003.
Last action on Bill: SESSION SINE DIE
Last action date: JAN-07-2003
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status