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S0278Introduced in the Senate

Limitation on the Assessed Value of New Homestead Property

Failed

Introduced by Mackenson Bernard, District 24

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

Proposing amendments to the State Constitution to limit the assessed value of new homestead property established after a change of ownership which had an assessed value of less than a certain amount to no more than 150 percent of the assessed value of the property for the preceding year for ad valorem taxation purposes and to provide an effective date, etc.

Where it stands

Died in Finance and Tax

March 13, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Filed

  2. Referred to Finance and Tax; Appropriations; Rules

  3. Introduced

  4. Died in Finance and Tax

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