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SB 0298 -	Property Assessment Cap
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Tracking Level:

Oppose

Sponsor:

Jackson, Lester 2nd

Last Action:

1/27/2016 - Senate Read and Referred

Senate Committee:

FIN

Assigned To:

Clint Mueller	Next Bill
Property Tax	Next Bill

Staff Analysis of the Legislation
This legislation creates a limit on the amount of annual increase of the assessed value of property. The percentage increase is limited to the most recent CPI, multiplied by three.

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