BGR Examines Proposed Property Tax Phase-In Amendment

• Bureau of Governmental Research
							
						

OVERVIEW

This On the Ballot report reviews a constitutional amendment on the November 6, 2018 ballot that would allow eligible homeowners to phase in an increase in property taxes resulting from a reappraisal. The four-year phase-in process would apply only to residential properties subject to the homestead exemption that increase in assessed value by more than 50% because of a reappraisal.

Previous Next