SB280 — Requiring the approval by a majority of electors voting at an election in order for the governing body of any taxing entity to increase its total amount of property tax to be levied by more than the annual rate of inflation.

SB280 — Requiring the approval by a majority of electors voting at an election in order for the governing body of any taxing entity to increase its total amount of property tax to be levied by more than the annual rate of inflation. · Informed CitizenryBeginning January 1, 2026, the governing body of a taxing entity must obtain approval from a majority of qualified electors in an election to increase the total amount of property tax levied by mor…Open in Informed Citizenry