Introduced by Rep. Richard Hammel (D) on February 4, 2009, to revise the Proposal A property tax cap so that the property tax on a parcel that has declined in value, or risen in value by less 5 percent of the inflation rate, would be lowered by the amount of the change in assessed value.
Referred to the House Government Operations Committee on February 4, 2009.
Reported in the House on February 17, 2009, with the recommendation that the bill be referred to the Committee on Tax Policy.
Referred to the House Tax Policy Committee on February 17, 2009.