BILL · 2007–08 SESSION

SB 6586: Property taxation

Limiting property taxation.

Summary

Beginning with a base value of property in 2008, all owner-occupied residential property must be valued by the lesser of the fair market value of the property, or an increase of 1 percent, compounded annually, plus the portion of the true and fair value attributable to any improvements. Upon an ownership change in a property, the property will be assessed at the true and fair value of the property.

From the Senate Bill Report (SB 6586), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to property taxes;

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

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

SB 6586 (2019–20) Electric vehicles/per mile · Did not pass · stalled on the Senate floor
SB 6586 (2017–18) Disabled veterans/lic plates · Did not pass · died in committee
SB 6586 (2015–16) Newborn safe surrender info. · Did not pass · died in committee
SB 6586 (2011–12) Public works board · Did not pass · died in committee
SB 6586 (2009–10) State building code council · Did not pass · stalled on the Senate floor
SB 6586 (2005–06) Payment of claims · Did not pass · stalled on the Senate floor
SB 6586 (2003–04) Electrical work on boilers · Enacted · Chapter 67, Laws of 2004
SB 6586 (2001–02) HIV insurance · Did not pass · stalled on the Senate floor