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Senate approves property-tax formula changes aimed at rebalancing multi‑county assessing costs
Summary
First substitute Senate Bill 180 would rebalance a multi-county assessing levy after statewide appraisal system changes; sponsors distributed county-by-county impact sheets and senators discussed potential losses for small rural counties and whether hold‑harmless measures are needed.
Senators approved first substitute Senate Bill 180 on Feb. 20, a measure that adjusts the allocation of a multi‑county assessing levy after changes to the statewide appraisal process.
Sponsor Senator Harper described the bill as a rebalancing measure intended to reduce disparities that left some counties subsidizing others under the multi‑county assessing arrangement. He said the bill’s…
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