Adjust Counties/Reappraisal Moratorium
Plain English Summary
This bill adjusts which counties must delay using updated property values from 2026 reappraisals for tax purposes. For the 2026-2027 tax year, affected counties must use older property values instead of the new ones. The bill also prevents public service company property values from decreasing in these counties during the moratorium period.
Arguments in Favor
Supporters argue this provides tax relief and stability for property owners facing significant increases from updated property valuations. The moratorium gives counties and taxpayers time to adjust to new assessments and allows more time for property tax appeals. It protects businesses, particularly utility companies, from sudden property tax increases based on reappraisals.
Arguments Against
Opponents contend that delaying updated property values reduces county tax revenue needed for schools, emergency services, and infrastructure during the reappraisal period. It creates inequity between counties with different reappraisal schedules and delays the use of current market values for fair taxation. The restriction on public service company value reductions may shift tax burden to other property owners.
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Sponsors
Primary Sponsor
Senator · District 48
Primary Sponsor
Senator · District 26
Primary Sponsor
Senator · District 30
Cosponsors (24)
Senator · District 31
Senator · District 46
Senator · District 35
Senator · District 1
Senator · District 29
Senator · District 33
Senator · District 3
Senator · District 45
Senator · District 25
Senator · District 21
Senator · District 37
Senator · District 2
Senator · District 12
Senator · District 8
Senator · District 10
Senator · District 43
Senator · District 4
Senator · District 11
Senator · District 36
Senator · District 44
Senator · District 24
Senator · District 9
Senator · District 47
Senator · District 6
Vote Breakdown (10 roll calls)
Final Vote
On: A1 Blust Second Reading
Party Breakdown