Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 38 lowers the annual interest rate on deferred or abated property taxes for certain residence homesteads to the lower of the 5-year Constant Maturity Treasury Rate as of January 1 or 5%, down from the current statutory rate. It applies to interest accrued both before and after December 1, 2025, if taxes remain unpaid.
Author (1)
Michael Schofield
Contact the Author
Rep. Michael Schofield
Capitol Phone:
(512) 463-0528
Capitol Office:
EXT E2.418
E-Mail:
