Senate Substitute for HB 2745 by Committee on Assessment and Taxation - Providing a protest petition to contest certain increases in property tax revenues and continuing reimbursements from the taxpayer notification costs fund for an additional five years.
What it does: Lets voters petition against local budgets whose property tax revenue exceeds last year's plus inflation (capped at 3 percent). If 10 percent of registered voters sign, the budget is disapproved and limited to prior-year property taxes. Moves the school budget deadline to October 1. (AI-written summary of the bill; the official record shows the exact version voted)
Question before the chamber: Concurred with amendments
A yes vote agreed to the Senate's changes to HB 2745, which creates a protest petition process for local budgets whose property tax funding exceeds inflation-adjusted limits (maximum 3 percent) and moves the school budget deadline to October 1. (AI-written)
Yes 63 · No 59 · Democrats 0–35 · Republicans 63–24