Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
SB 322 extends and amends appraisal value caps for certain real properties other than homesteads. It reduces the annual cap on appraisal increases from 20% to 10%, introduces new categories of exceptions, and extends the expiration of these caps to 2031. Implementation is conditional on voter approval of a constitutional amendment.
Author (1)
Co-Author (1)