PROPERTY TAX AFFIDAVITS

Summary

The bill would make anyone transferring residential real estate file a detailed affidavit with the county assessor, while limiting how much non‑residential property values can rise each year to 105% of the prior year’s value. It applies to transfers recorded after Jan. 1, 2026 and includes many exemptions for certain deeds, leases, government transfers, and other specific situations. The measure was withdrawn and postponed indefinitely.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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