Reduces the assessment percentage of tangible personal property over a period of years
Families could see changes in local tax burdens depending on property tax and potential sales tax adjustments.
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HB 2650 — Reduces the assessment percentage of tangible personal property over a period of years
Last action — Referred: Emerging Issues(H)
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 House
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4Passed Senate
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5To Executive
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6Enacted
This bill is in committee in the House. Introduced January 02, 2026. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the House.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
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In Committee
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (1 R).
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
In plain language
The bill allows counties to reduce personal property tax assessments over five years.
This bill enables cities and counties to reduce personal property tax assessments gradually over five years while providing an option to replace the lost revenue with a sales tax. If voters approve the changes, the assessment percentage will decline each year until it reaches zero.
What this means for you
- Families: Families could see changes in local tax burdens depending on property tax and potential sales tax adjustments.
- Consumers: Consumers might be affected by changes in sales taxes if local governments choose to offset lost revenue from personal property tax.
- Small Business: Small businesses that own tangible personal property may benefit from reduced tax assessments.
Bill Text
- Introduced View text Current pdf
Action History
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Referred: Emerging Issues(H)
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Read Second Time (H)
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Read First Time (H)
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Prefiled (H)
Sponsors
- Tricia Byrnes · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 198 not signed on
Sponsors (1)
- Tricia Byrnes Republican
Co-sponsors (0)
None.
Not signed on (198)
198 members have not signed on to this bill.
Show all 198 →"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
- Who sponsors HB 2650?
- HB 2650 is sponsored by Tricia Byrnes (Republican).
- What is the current status of HB 2650?
- This bill is in committee in the House. Introduced January 02, 2026. It must pass committee before a floor vote.
- Where can I track HB 2650?
- Track HB 2650 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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