SB19-255
Gallagher Amendment Residential Assessment Rate
| Type | Bill |
|---|---|
| Session | 2019 Regular Session |
| Subjects |
Concerning the establishment of the ratio of valuation for assessment for residential real property.
Bill Summary:
Property tax - residential assessment rate. Based on a residential target percentage that is equal to 45.69%, the act lowers the residential assessment rate 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 the rate.
(Note: This summary applies to this bill as enacted.)
Related Documents & Information
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 19-255 to the Committee of the Whole. | The motion passed on a vote of 10-0. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 19-255 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. | The motion passed on a vote of 7-0. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 04/30/2019 | Third Reading | BILL |
63
AYE
1
NO
1
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 04/27/2019 | Third Reading | BILL |
34
AYE
0
NO
1
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 06/03/2019 | Governor | Governor Signed |
| 05/13/2019 | Governor | Sent to the Governor |
| 05/13/2019 | House | Signed by the Speaker of the House |
| 05/13/2019 | Senate | Signed by the President of the Senate |
| 04/30/2019 | House | House Third Reading Passed - No Amendments |
| 04/29/2019 | House | House Second Reading Special Order - Passed - No Amendments |
| 04/29/2019 | House | House Committee on Finance Refer Unamended to House Committee of the Whole |
| 04/27/2019 | House | Introduced In House - Assigned to Finance |
| 04/27/2019 | Senate | Senate Third Reading Passed - No Amendments |
| 04/26/2019 | Senate | Senate Second Reading Passed - No Amendments |
| 04/23/2019 | Senate | Senate Committee on Finance Refer Unamended - Consent Calendar to Senate Committee of the Whole |
| 04/17/2019 | Senate | Introduced In Senate - Assigned to Finance |
Prime Sponsor
Sponsor
(None)
Co-Sponsor
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 06/03/2019 | 433 | Gallagher Amendment Residential Assessment Rate |