Overview
- The House Ways and Means Committee approved HJR 213 in a 10–4 party-line vote, sending the proposed constitutional amendment to the full House.
- The measure would cap growth in taxable values to 3% over three years for homesteads and 15% over three years for non-homesteads, replacing current annual limits of 3% and 10%, respectively.
- An amendment by Rep. Christine Hunschofsky would block assessed-value increases during the three-year period if a property's just value is flat or lower.
- Local officials opposed the plan, warning that slower assessed-value growth would reduce ad valorem revenue and pressure services such as police, fire, parks, and road maintenance.
- Three House property-tax proposals have cleared committees, yet no Senate companions exist, as state leaders signal a preference for one ballot initiative that must clear three-fifths of each chamber and win 60% voter approval.