Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 1430 proposes a cap on increases in the appraised value of certain commercial properties for ad valorem tax purposes. The limitation applies to properties with a market value of $10 million or less, restricting annual increases to 20% of the prior year's value plus the value of new improvements, contingent on voter approval of a related constitutional amendment.
Author
William Metcalf
Contact the Author
Rep. William Metcalf
Capitol Phone:
(512) 463-0726
Capitol Office:
CAP 1N.12
E-Mail:
