Property Tax - Petition to Review Value of Commercial Real Property
Hearing (House)
Summary
The bill allows a county or municipal corporation to file a petition to review the assessed value of commercial real estate that has been sold to a new owner if the sale price is at least 20% higher than the previous sale price. Property owners retain the existing right to appeal assessments. The measure seeks to keep tax valuations aligned with rapid market changes.
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Ask about HB 1088
3 free questions a day, no accountHearings
- Ways and Means — Bill HearingWays and Means · Feb 24, 2026
History
- Hearing 2/24 at 1:00 p.m.
- First Reading Ways and Means
Sponsors
- Spiegel · sponsor
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