BILL · 2009–10 SESSION

SB 5000: Limiting property taxation

Limiting property taxation.

Summary

  • Declares an intent to provide property tax relief by setting base years for property tax valuation computation and limiting property tax valuation increases to one percent per year over the base year until ownership of the property changes on owner-occupied property claimed as a principal place of residence. Provides that the act applies to taxes payable in 2010 and thereafter. Provides a contingent effective date.

From the Bill Digest (SB 5000), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 12, 2009
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Senator (D-35)
Introduced
January 12, 2009 in the Senate
Last action
March 15, 2010
Budget
Has a fiscal note

AN ACT Relating to property taxes;

Sponsors

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. First reading, referred to Ways & Means.
  4. Prefiled for introduction.

SB 5000 in other sessions

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

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