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SJR 507·SD·senate

proposing and submitting to the voters at the next general election, an amendment to state law to reduce certain property taxes for owner-occupied property, and to increase the rates for certain gross receipts taxes and use taxes.

FailedFiled Feb 4, 2026
Sponsor: Hulse
Latest Action

Deferred to the 41st legislative day

Feb 23, 2026

Summary

The joint resolution would place a constitutional amendment on the next general election ballot that lowers the school‑district mill levy for owner‑occupied single‑family homes and raises the tax rate to 4.2% on a wide range of retail sales, services, utilities, telecommunications, and other listed businesses. It aims to give tax relief to homeowners while shifting revenue collection to businesses and consumers. The measure did not pass, being deferred in the Senate.

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