Relating to property taxes and income taxes by modifying the calculation of assessment limitations for certain property, amending provisions relating to certain tax withholding requirements and tax credits, and including effective date and retroactive applicability provisions

Where it is now

1. ✓
   Done: IntroducedJanuary 31, 2023
2. –
   Skipped: SubcommitteeSkipped
3. ✓
   Done: Senate committeeJanuary 31, 2023
4. ✓
   Done: Passes the SenateFebruary 1, 202349–0
5. ✓
   Done: House committeeFebruary 8, 2023
6. ✓
   Done: Passes the HouseFebruary 15, 202386–13
7. ✓
   Done: To the GovernorFebruary 20, 2023
8. ✓
   Done: Signed into lawFebruary 20, 2023

Signed into law What’s a funnel?

House subcommittee

Named February 2, 2023. On February 8, 2023 it recommended passage. Vote Total: 3-0.

• Rep. Bobby Kaufmann REmail
• Rep. Jane Bloomingdale REmail
• Rep. John Forbes D
• Rep. Austin Harris REmail
• Rep. David Jacoby DEmail

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

Fiscal note

4 million per year, beginning with FY 2024, and decreased the State aid appropriation by the same annual amount. The provisions of Division I of this Bill related to the calculation of the residential rollback will reverse the 2021 legislation’s fiscal impact on property taxpayers and the State school aid appropriation.

• Final Fiscal Note — Residential Assessment Limitations · May 16, 2023
• Residential Assessment Limitations · February 1, 2023

Nonpartisan cost estimates from the Legislative Services Agency’s Fiscal Services Division. The newest is first. Reading a fiscal note