BILL · 1991–92 SESSION

SB 5169: Property tax valuation

Limiting the increase in property values to five percent per year.

Summary

  • The increase in the assessed value of owner-occupied residential property is limited to 5 percent per year, but the assessment cannot exceed fair market value. Property would be revalued to fair market value on sale or change from residential use.

From the Senate Bill Report (SB 5169), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 22, 1991
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Ray Moore (D-36)
Introduced
January 22, 1991 in the Senate
Last action
January 13, 1992
Budget
Has a fiscal note

Sponsors

Prime sponsor: Ray Moore (D-36)

3 co-sponsors (3 Democrats, 0 Republicans)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 5169 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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