Bills › 91st General Assembly
Related to the meaning of residential property for purposes of property taxation
Sponsored by Rep. Sean Bagniewski (D)
Topics:TaxesProperty taxes
Where it is now
- Done: IntroducedJanuary 29, 2026
- Stopped: SubcommitteeDied when the General Assembly ended
- Next: House committeeFunnel: by February 20, 2026
- Next: Passes the House
- Next: Senate committeeFunnel: by March 20, 2026
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2026 session adjourned on May 3, 2026, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
AI summary If a person or company owns more than 10 single-family homes, those houses will no longer be taxed as residential property. Instead, the state will tax those specific homes as commercial property. This change affects owners who hold large numbers of single-family houses.1
Read the official explanation
This bill prohibits single-family homes that are owned by a titleholder of more than 10 single-family homes from being classified as residential property for purposes of property taxation. Instead, a single-family home that is owned by a titleholder who owns more than 10 single-family homes shall be classified as commercial for property tax purposes. The bill defines “single-family home” to mean a parcel that is used or intended for human habitation containing one dwelling unit.