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SB19-255

Gallagher Amendment Residential Assessment Rate

Concerning the establishment of the ratio of valuation for assessment for residential real property.
Session:
2019 Regular Session
Subjects:
Fiscal Policy & Taxes
Local Government
Bill Summary

Based on a residential target percentage that is equal to 45.69%, the bill lowers the ratio of valuation for assessment for residential real property from 7.2% to 7.15% for property tax years commencing on and after January 1, 2019, until the next property tax year that the general assembly adjusts this ratio.


(Note: This summary applies to this bill as introduced.)

Status

Introduced
Passed
Became Law

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Bill Text

  • All Versions (7 )
    Date Bill Type Documents
    06/03/2019 Signed Act PDF
    05/13/2019 Final Act PDF
    04/30/2019 Rerevised PDF
    04/29/2019 Revised PDF
    04/27/2019 Reengrossed PDF
    04/26/2019 Engrossed PDF
    04/17/2019 Introduced PDF