Bills › 91st General Assembly
Modifying the general and rural county services levy rate limitation for fiscal years beginning on or after July 1, 2026
Sponsored by Rep. Henry Stone (R)
Where it is now
- Done: IntroducedFebruary 6, 2025
- 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 Starting in July 2026, counties could increase their property tax rates for general and rural services under certain conditions. This change can only happen once for a single year if the total value of all property in the county stays relatively stable. The new rate would be calculated based on how much tax money the county collected the previous year.1
Read the official explanation
This bill modifies the general and rural county services levy rate limitation for fiscal years beginning on or after July 1, 2026. Under the bill, the general county services levy rate may be increased if the total assessed value for the budget year is equal to or less than 101 percent of the total assessed value use to calculate taxes for the current fiscal year. The general county services rate may be increased up to a rate per $1,000 of assessed value that is equal to 1,000 multiplied by the quotient of 103 percent of the current fiscal year’s actual property tax dollars certified for levy divided by the total assessed value used to calculate such taxes for the budget year. The rural county basic levy rate may be similarly adjusted under the bill. The bill specifies a general or rural county services levy rate may only be adjusted one time for one fiscal year.