SR 472 - Residential Property Values - freezing, appraisal (CA) (6)

First Reader Summary

A resolution proposing an amendment to the Constitution so as to authorize, upon approval in a local referendum, the freezing of existing residential real property values and to provide that residential real property and interests therein shall be appraised for ad valorem taxation purposes at their fair market value as of the date of the owner's acquisition thereof; to provide for conditions and limitations; to provide for authority of the General Assembly with respect to the foregoing.

Johnson, Eric B (1st) Lamutt, Robert (21st) Clay, Charles C (37th)
Full Text SC: F&PU HC:
F/R: 01/14/98 L/A: 01/14/98 S - Read 1st time
Code Sections Amended:
Senate Action House
1/14/98 Read 1st time

Code Sections

Code Sections amended:

Clerk of the House
Robert E. Rivers, Jr., Clerk
Last Updated on 04/20/98

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