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Primary Sponsor

Last Action

Ref To Com On Rules, Calendar, and Operations of the House2026-04-30

Vote Breakdown

No floor votes recorded.

Plain Language Summary

This bill proposes a constitutional amendment to allow property tax relief based on area median income, modifies the homestead property tax circuit breaker program for seniors and disabled homeowners, updates tax exemptions for nonprofit affordable rental housing, and provides $20 million in grants to help counties upgrade property reappraisal technology for more frequent assessments.

Arguments in Favor

• •Supporters argue this bill helps low- and moderate-income homeowners and seniors afford to keep their homes by tying tax relief to local income levels rather than fixed dollar amounts.
• •They contend that more frequent property reappraisals with upgraded technology will ensure property values are more accurately assessed, creating fairer tax distribution across communities and reducing outdated assessments that burden homeowners.

Arguments Against

• •Opponents may worry that the constitutional amendment gives the state broad authority to create income-based tax relief that could reduce local government revenues and property tax bases, potentially requiring tax increases elsewhere.
• •They may also argue that the $20 million investment in reappraisal technology, while improving accuracy, could lead to higher assessed values and taxes for many homeowners in rapidly appreciating areas, offsetting intended relief benefits.