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HR 0962 - Property Taxes - Assessment for School Tax Purposes
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Tracking Level: Neutral
Sponsor: Ron Stephens (R)
Last Action: 3/4/2020 - Senate Read and Referred
House Committee: Ways and Means
Senate Committee: Finance
Assigned To:
Larry RamseyNext Bill
Property TaxNext Bill

Staff Analysis of the Legislation

This constitutional amendment would authorize the General Assembly to create general law providing for a lower assessment value (20% of fair market value rather than the usual 40%) for persons of "certain ages" for purposes of school property taxes only. HB 829 is the companion proposed general law implementing this constitutional amendment.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text






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