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Bill

SB 191

limit annual valuation increases on owner-occupied single-family dwellings and provide an exception for mill rate limitations on taxing districts.

2025 Regular Session Introduced by Bobbi Andera and 7 co-sponsors

SB 191 caps annual property valuation increases on owner-occupied homes while allowing taxing districts to raise mill rates to offset lost revenue.

House of Representatives Do Pass Amended , Passed, YEAS 7, NAYS 62 H.J. 505
#propertytax #taxrelief #taxation
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Bill Summary · SB 191

Legislative bill overview

SB 191 would cap annual property valuation increases on owner-occupied single-family homes, while exempting taxing districts from mill rate limitations when such caps are implemented. The bill passed the State Affairs Committee with amendments but faced substantial opposition in the House, where it narrowly passed out of committee before being decisively rejected on the House floor.

Why is this important

Property tax caps directly affect homeowner tax bills and local government funding for schools, infrastructure, and services. The bill attempts to limit how much assessed home values can increase yearly, potentially providing relief for homeowners in appreciating markets while simultaneously restricting revenue growth for municipalities, counties, and school districts unless they raise mill rates to compensate.

Potential points of contention

  • Revenue impact on local services: Capping valuations reduces property tax revenue without reducing service demands, potentially forcing taxing districts to increase mill rates or cut services
  • Inequitable assessment: Homeowners with identical homes could pay different taxes based on when they were last assessed, creating fairness concerns
  • Market distortion: Artificial caps on assessed values may create perverse incentives for property transactions and investment decisions
  • Regional variation: The exemption for mill rate limitations may disproportionately affect rural versus urban areas differently based on local assessment practices

Compiled from official sources — confirm details with the bill’s official record.

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