HB17-1349
Assessment Ratio For Residential Real Property
Concerning the establishment of the ratio of valuation for assessment for residential real property.
Session:
2017 Regular Session
Subject:
Bill Summary
Fiscal Policy & Taxes
The bill sets the ratio of valuation for assessment for residential real property at 7.2% for property tax years commencing on and after January 1, 2017, until the next property tax year that the general assembly adjusts this ratio.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)