HF418 — A bill for an act relating to property taxes by modifying the methodology for determining actual value of residential property, certain levy rates, and assessment limitations of certain classes of property, and including retroactive applicability provisions.

HF418 — A bill for an act relating to property taxes by modifying the methodology for determining actual value of residential property, certain levy rates, and assessment limitations of certain classes of property, and including retroactive applicability provisions. · Informed CitizenryHouse File 418 modifies the methodology for determining the actual value of residential property and adjusts property tax levy rates and assessment limitations. Starting in 2026, the bill limits th…Open in Informed Citizenry