Brad Halbrook
- Republican
- Representative
- District 107
Primary
Amends the Property Tax Code. Provides that, beginning with the 2026 assessment year, the valuation of property in any general assessment year may not exceed (i) 101% of the value of the property in the previous tax year if the property is residential or (ii) 102% of the value of the property in the previous tax year if the property is not residential. Provides that the limitation does not apply if the increase in value is due to an addition, modification, or improvement to the property or if there has been a change in ownership of the property during the previous tax year. Preempts the power of home rule units to tax.
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Added Co-Sponsor Rep. Kevin Schmidt
Added Co-Sponsor Rep. Dennis Tipsword
Rule 19(a) / Re-referred to Rules Committee
Added Co-Sponsor Rep. Amy L. Grant
To Tax Policy: Other Taxes Subcommittee
Added Co-Sponsor Rep. John M. Cabello
Added Co-Sponsor Rep. Travis Weaver
Added Co-Sponsor Rep. Bradley Fritts
Added Co-Sponsor Rep. Nicole La Ha
Added Chief Co-Sponsor Rep. Martin McLaughlin
Added Chief Co-Sponsor Rep. Blaine Wilhour
Chief Co-Sponsor Changed to Rep. Blaine Wilhour
Added Co-Sponsor Rep. Brandun Schweizer
Added Co-Sponsor Rep. Adam M. Niemerg
Added Co-Sponsor Rep. David Friess
Added Co-Sponsor Rep. Chris Miller
Assigned to Revenue & Finance Committee
Added Co-Sponsor Rep. Michael J. Coffey, Jr.
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Brad Halbrook
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