AN ACT LIMITING PROPERTY TAX INCREASES.
To limit annual property tax increases to not more than (1) two per cent, or (2) the consumer price index rate, whichever is lesser, of the total tax levied by a municipality in the preceding assessment year.
Introduced by:
Planning and Development Committee| New today | 2-4 days old | 5 days & older |
| Text of Bill | |
| Raised Bill [doc] |
Add Notes to SB-419
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Bill History
| Date | Action Taken | ||
|---|---|---|---|
| 3/8/2024 | Public Hearing 03/13 | ||
| 3/7/2024 | Referred to Joint Committee on Planning and Development |
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