First reading: referred to Committee on Ways and Means
Summary
HB 1238 proposes that, beginning with the 2027 assessment date, the taxable value of a homestead‑qualified property could only change when the property is sold, inherited, conveyed, or if the owner asks for a change. The measure would leave non‑homestead properties subject to the existing reassessment schedule. It aims to give homeowners more predictability in their property taxes.
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