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House passes HB 155 to rebalance residential tax share to pre-2023 levels

2415817 · February 26, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

House Bill 155 passed second reading 87–13 after sponsors said it rebalances property tax burden among classes to approximate the 2022 distribution and requires no application process or new DOR FTEs as amended.

The House moved House Bill 155 through second reading with a broad floor debate and an 87–13 recorded vote in favor of recommending the bill do pass.

Sponsor Representative Zenther Thane said HB 155 restores the share of property tax borne by class 4 residential property to roughly what it was prior to the statewide reappraisal in 2023, when residential valuation increases significantly shifted the tax…

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