SB216 — reduce the growth in the assessed value of owner-occupied property, limit increases in certain property tax revenues, revise provisions regarding school district excess tax levies, and revise eligibility requirements for a property tax assessment freeze.

SB216 — reduce the growth in the assessed value of owner-occupied property, limit increases in certain property tax revenues, revise provisions regarding school district excess tax levies, and revise eligibility requirements for a property tax assessment freeze. · Informed CitizenrySB216 proposes to reduce the growth in the assessed value of owner-occupied property and limit increases in certain property tax revenues. The bill also seeks to revise provisions regarding school…Open in Informed Citizenry