BILL · 2007–08 SESSION
SB 6899: Property valuation increase
Limiting the rate of increase of property valuations.
Summary
- The assessed value of property, other than property that has changed or transferred ownership since the last assessment, is equal to the lesser of the current appraised value or the previous assessed value plus 10 percent, plus any improvement increase.
From the Senate Bill Report (SB 6899), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedFeb 1, 2008
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- Phil Rockefeller (D-23)
- Introduced
- February 1, 2008 in the Senate
- Last action
- February 1, 2008
- Budget
- Has a fiscal note
AN ACT Relating to limiting the rate of increase of property valuations;
Sponsors
Prime sponsor: Phil Rockefeller (D-23)
5 co-sponsors (5 Democrats, 0 Republicans)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- First reading, referred to Ways & Means.
SB 6899 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 6899 (2005–06) Spanish/Chinese instruction