PROPERTY TAX-2% ASSESSMENT CAP
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SB 690 — PROPERTY TAX-2% ASSESSMENT CAP
Last action — Session Sine Die
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill died with 99th Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Amends the Property Tax Code. Provides that, for assessment years following the next general assessment after the effective date of the amendatory Act, no increase in assessment may exceed 2% per year. Provides exceptions for the valuation of property that is sold, transferred, or conveyed during the taxable year and for new improvements.
Bill Text
- Introduced View text Current html
Action History
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Session Sine Die
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Pursuant to Senate Rule 3-9(b) / Referred to Assignments
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Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2015
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Added as Co-Sponsor Sen. Jennifer Bertino-Tarrant
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Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2015
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Rule 2-10 Committee Deadline Established As April 24, 2015
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To Subcommittee on Property Tax
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Assigned to Revenue
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Referred to Assignments
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First Reading
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Filed with Secretary by Sen. Matt Murphy
Sponsors
- Laura M. Murphy · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →0 sponsors · 1 co-sponsors · 182 not signed on
Sponsors (0)
None.
Co-sponsors (1)
- Laura M. Murphy Democrat
Not signed on (182)
182 members have not signed on to this bill.
Show all 182 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB 690 do?
- Amends the Property Tax Code. Provides that, for assessment years following the next general assessment after the effective date of the amendatory Act, no increase in assessment may exceed 2% per year. Provides exceptions for the valuation of property that is sold, transferred, or conveyed during the taxable year and for new improvements.
- Who sponsors SB 690?
- SB 690 is sponsored by Laura M. Murphy (Democrat).
- What is the current status of SB 690?
- This bill died with 99th Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track SB 690?
- Track SB 690 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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