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S474Change ✕
Adjust Counties/Reappraisal Moratorium
EngrossedSenate
Primary Sponsor
Timothy MoffittRepublicanLast Action
Conferees Changed2026-06-24
Vote Breakdown
12 Yea33 Nay2026-06-23
Plain Language 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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