In CommitteeFiled Feb 5, 2026
Sponsor: Chapin Rose (R)
Latest Action
Added as Co-Sponsor Sen. Paul Jacobs
Sep 2, 2026
Summary
The bill caps the increase in a home's assessed value to the percentage change in the Consumer Price Index from the previous year. Increases that result from additions, renovations, or a change in ownership are still permitted. It also blocks local home‑rule jurisdictions from raising residential property taxes beyond this limit.
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