BILL · 2017–18 SESSION

HB 2115: Residential prop valuation

Exempting a portion of the valuation of residential property from property taxation.

Summary

  • Provides a state property tax homestead exemption on the first $50,000 of the value of a residence on a parcel consisting of less than three dwelling units or individual residential units in a multiunit residential dwelling given each unit is owned and taxed separately.
  • Requires the passage of a constitutional amendment to be validly enacted.

From the House Bill Analysis 2017 (HB 2115), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 15, 2017
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Derek Stanford (D-1)
Introduced
February 15, 2017 in the House
Last action
January 8, 2018
Budget
Has a fiscal note

AN ACT Relating to exempting a portion of the valuation of residential property from property taxation;

Sponsors

Prime sponsor: Derek Stanford (D-1)

2 co-sponsors (2 Democrats, 0 Republicans)

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. By resolution, reintroduced and retained in present status.
  4. By resolution, reintroduced and retained in present status.
  5. First reading, referred to Finance (Not Officially read and referred until adoption of Introduction report).

HB 2115 in other sessions

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

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