House debate splits over Senate File 110; amendment limiting benefit to $1 million wins

Lawmakers spent hours debating Senate File 110, which would alter residential property assessment rates and potentially remove a 25% property tax reduction. After lengthy floor debate over constitutional risks, fiscal impact and distributional effects, the House adopted Amendment No.2 (a $1 million cap on the reduction) and rejected a separate amendment that would have preserved the 25% exemption. The bill was ordered to third reading.