In CommitteeFiled Feb 6, 2026
Sponsor: Darby Hills (R)
Latest Action
Added as Co-Sponsor Sen. Paul Jacobs
Sep 2, 2026
Summary
The bill lets a taxing district cut its aggregate extension base, which in turn reduces the maximum property‑tax rate it can levy in future years. This reduction can only happen if voters first submit a petition and then approve the change in a referendum. The new limit is the lower of 5% or the average CPI increase over the past ten years, unless voters approve a different rate.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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