Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 84 reduces the annual cap on appraisal increases for residence homesteads from 10% to 2.5% and for other real property from 20% to 8%. It removes the scheduled 2027 expiration of the 8% cap for non-homestead real property, effectively making the limit permanent. Implementation depends on voter approval of a constitutional amendment in 2025.
Author (1)
Carl Tepper