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Negotiators near compromise on property assessment cap, aim for August ballot
Summary
House and Senate negotiators edged toward an agreement on a proposed constitutional restriction (referred to as "1616") that would limit increases in property assessment values; the House proposed a 10% fixed cap while the Senate pressed for a 9% baseline, with agricultural land included and details about exceptions and transferability still being finalized.
Lawmaker (S1) and Lawmaker (S2) negotiated a compromise over proposed constitutional language referred to in the discussion as "1616," seeking a limit on annual increases to property assessment values ahead of a planned August ballot. The House side proposed replacing a rolling-average approach with a fixed 10% cap, while the Senate side favored a 9% baseline and language modeled on the existing 1616 phrasing.
The talks centered on scope and technical detail: which property classes would be covered, whether agricultural land would be included, how transferability of the limited assessed value would work after title transfers, and how normal repair and…
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