House poised to make it harder to increase property tax rates

House poised to make it harder to increase property tax rates

Help may be on the way for homeowners, at least in the form of having it become slightly harder to raise their millage rates.

Rep. Sam Garrison’s CS/CS/HB 1195, which will be heard Tuesday on the House Special Order Calendar, would go into effect in July, imposing a supermajority requirement for any millage increase after this year should it become law and replacing majority rules in places that currently have them.

The bill is moving in the Senate also. Earlier this month, the Senate Finance and Tax Committee advanced Chair Blaise Ingoglia’s measure (SB 1322). The legislation now has one committee stop to go on the Senate side.

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