Bill Title: Relates to school property and real property taxes; establishes the blue ribbon commission on property tax reform; relates to state assistance for local real property reassessment, state assistance to assessing units within a school district, providing a fixed real property assessed value for residential real property owned by certain persons over the age of 65 and providing state reimbursement to municipalities for lost real property tax revenue; requires the state to fund certain programs mandated for municipal corporations or school districts.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2025-02-12 - referred to education [A05149 Detail]

Text: Latest bill text (Introduced) [HTML]

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