SR 686 - Ad Valorem Taxation; freezing values of existing residential real property;provide conditions/limitations-CA (PF)
Current Status
02/14/08 - House Second ReadersFirst Reader Summary
A RESOLUTION proposing an amendment to the Constitution so as to require 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 regarding valuation increases; to provide for authority of the General Assembly with respect to the foregoing; to provide for the submission of this amendment for ratification or rejection; and for other purposes.
Votes
Electronically Recorded Votes| Date | Time | Vote No | Yeas | Nays | NV | Exc | Description |
|---|
| 02/12/2008 | 11:41AM | Senate Vote #559 | 053 | 003 | 000 | 000 | ADOPTION OF CONSTITUTIONAL AMENDMENT AS AMENDED |
Status History
Bill History| Date | Action |
|---|
| 12/06/2007 | Senate Prefile |
| 01/16/2008 | Senate Read and Referred |
| 02/06/2008 | Senate Committee Favorably Reported |
| 02/07/2008 | Senate Read Second Time |
| 02/12/2008 | Senate Passed/Adopted |
| 02/13/2008 | House First Readers |
| 02/14/2008 | House Second Readers |
