SB 477

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
SB 477 establishes limitations on increases in the appraised value of residence homesteads for ad valorem tax purposes. It ties the appraised value to the property's market value or purchase price under certain conditions, and includes provisions for confidentiality and application requirements​.
Author (1)
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