2008 House Bill 6337

Revise property tax cap to reflect falling values

Introduced in the House

July 23, 2008

Introduced by Rep. Richard Hammel (D-48)

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 Committee on Tax Policy