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Bill Summary Details

Implementing Bill: Property Assessed for Elevated Properties (Watch)

CS/CS/SB 1186 (Brandes) and CS/CS/HB 1379 (Chaney) implement SJR 1182 or HJR 1377 if approved by 60% of voters at the next general election. The bills specify that changes to elevate certain homestead and non-homestead residential property do not increase the assessed value of the property under specific circumstances. The bills require the property owners to provide certification. CS/CS/HB 1379 passed the House (118-0) and is awaiting action by the Senate. (Hughes)