House Bill #5049 (2023)

AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES

Places a cap of twenty percent (20%) on increases in consecutive revaluations of real property in all cities and towns conducting revaluations commencing December 31, 2023, and every December 31 thereafter.

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• 2023-01-11: Introduced, referred to House Municipal Government & Housing
• 2023-03-10: Scheduled for hearing and/or consideration (03/16/2023) [Show]
• 2023-03-16: Committee recommended measure be held for further study

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