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Commissioners briefed on state 'cap' bill that could strip 7% cap after major home improvements
Cleburne County Commission (work session) · October 8, 2024
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Summary
A county official explained a state property‑tax 'cap' that keeps a 7% cap after ordinary repairs but removes it for major additions; the change is slated to affect collections beginning in 2025 and run through 2027.
Speaker 4 explained provisions of a state 'cap' bill and how it will apply to local property tax assessments. She said routine repairs — replacing a roof or upgrading a broken HVAC with like‑for‑like equipment — would retain the 7% cap on assessed value, while adding a bedroom, a swimming pool or installing HVAC where none existed…
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