H7448Introduced in the House
Places a cap of twenty percent (20%) on increases in consecutive revaluations of real property in all cities and towns conducting revaluations commencing December 31, 2026, and every December 31 thereafter.
Introduced by Ramon Perez, District 13
What does this bill do?
Plain-English breakdown
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Official description
TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES - Places a cap of twenty percent (20%) on increases in consecutive revaluations of real property in all cities and towns conducting revaluations commencing December 31, 2026, and every December 31 thereafter.
Where it stands
Committee recommended measure be held for further study
February 26, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Introduced, referred to House Municipal Government & Housing
Scheduled for hearing and/or consideration (02/26/2026)
Committee recommended measure be held for further study
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