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SB00101Introduced in the Senate

An Act Establishing A State-wide Property Tax On Certain Residential Real Property.

IntroducedJoint Finance, Revenue and Bonding

Introduced by Martin Looney, District 11

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

To establish a state-wide property tax on residential real property with assessed values of more than three million dollars.

Where it stands

Public Hearing 02/27

February 20, 2026

How did lawmakers vote?

Chamber not recordedStage: FIN Vote Tally Sheet (Reserved for Subject Matter Public Hearing) · February 18, 2026

32

Yes

20

No

2

Absent or Not Voting

54 senators recorded in this Chamber not recorded vote. Colors show vote categories only, not whether a vote was good or bad.

See how each senator voted

Bill history

  1. Referred to Joint Committee on Finance, Revenue and Bonding

  2. Reserved for Subject Matter Public Hearing

  3. Public Hearing 02/27

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