Did not become law. It stopped in the House of Representatives's Revenue Committee on June 30, 2019. The 2019 session has ended.
2019 Regular Session
House Bill 2167
Provides that, for ad valorem property tax purposes, real market value of commercial and industrial property be three-year average.
What it does
The synopsis the Legislative Assembly published with the bill.
Provides that, for ad valorem property tax purposes, real market value of commercial and industrial property be three-year average. Provides five-year ramp-up to taxation on real market value of commercial and industrial property that has ratio of maximum assessed value to real market value of 90 percent or less. Sets rate of property taxes imposed on commercial and industrial property at $___, with first $5 dedicated to school districts, education service districts and community college districts. Provides that $5 of such rate is not subject to compression under Ballot Measure 5 (1990). Bars commercial and industrial property from receiving discount upon early payment of property taxes. Directs Department of Revenue to help counties with extra complexity due to changes made by Act. Appropriates moneys to Department of Revenue for providing such help. Becomes operative only if House Joint Resolution 4 (2019) is approved by people at next regular general election. Becomes operative on effective date of constitutional amendment proposed by House Joint Resolution 4 (2019). Takes effect on 91st day following adjournment sine die.
Its course
January 14 to June 30, 2019, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action3 actions on 3 days
In the House of RepresentativesJan 14 to Jun 30 · stopped167 days
Waiting for a committeeJan 14 to Jan 184 days
RevenueJan 18 to Jun 30 · stopped163 days
Text
Each version as the Legislative Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.
In the House of Representatives Jan 14 – Jun 30
- Jan 14Introduced
- Jan 18Sent to Revenue
- Jun 30Died when the session ended
All 3 actions, as published
- Jan 14First reading. Referred to Speaker's desk.House of Representatives
- Jan 18Referred to Revenue.House of Representatives
- Jun 30In committee upon adjournment.House of Representatives