Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 4407, known as the Property Tax Relief Act, this bill provides property tax relief through adjustments to the public school finance system and the appraisal process. It includes a reduction in school district property tax rates, modifications to escrow accounts for property tax payments, and a limitation on the annual increase in the appraised value of real property. The bill also amends rules on appraisal protests and review procedures.
Author
Dade Phelan