HB 1616 IN
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Summary
Limits the annual increase in assessed value of real property to 5% unless ownership of the real property changes during the year or the increase results from physical changes to the real property.
Sponsor (1)
- Zach Payne Republican · author
3 coauthors / cosponsors
- Shane Lindauer Republican · coauthor
- Cindy Ledbetter Republican · coauthor
- Jim Lucas Republican · coauthor
Action history (3)
- Jan 19, 2023 Coauthored by Representatives Lindauer, Ledbetter, Lucas · lower
- Jan 19, 2023 Authored by Representative Payne · lower
- Jan 19, 2023 First reading: referred to Committee on Ways and Means · lower
Subjects
PROPERTY TAXES, Assessments, Notices, and Penalties
Text versions (1)
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