BILL · 2021–22 SESSION

SB 5463: Residential prop valuation

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

Summary

Authorizes a $250,000 assessed value homestead exemption for state property taxes, subject to approval by the voters of a constitutional amendment.

From the Senate Bill Report (SB 5463), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

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

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 5463 (2025–26) Industrial insurance/duties · Enacted · Chapter 338, Laws of 2025
SB 5463 (2023–24) Juvenile access to attorney · Did not pass · died in committee
SB 5463 (2019–20) Impounded vehicles/military · Did not pass · died in committee
SB 5463 (2017–18) Storage of firearms · Did not pass · died in committee
SB 5463 (2015–16) Cultural & heritage programs · Did not pass · passed Senate, stalled in House
SB 5463 (2013–14) Water right changes · Did not pass · died in committee
SB 5463 (2011–12) Common student identifiers · Enacted · Chapter 109, Laws of 2011
SB 5463 (2009–10) Minimum wage & overtime comp · Did not pass · died in committee