Providing local governments tax resources and fund flexibility.

Summary

The bill lets local governments impose a voter‑approved sales or use tax of up to 0.1% of a sale to fund affordable housing, homelessness services, and behavioral‑health programs. It also revises how property‑tax levies are calculated, capping combined rates at 1% of true and fair value and setting specific limits for counties, fire districts, parks, and other special districts. The changes take effect July 1 2026, with some reporting provisions beginning Jan 1 2027.

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