Ways & Means Ad Valorem and Public Finance & Policy Subcommittees 2.19.26

Ablorem Subcommittee; Public Policy and Finance Committee · February 19, 2026

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37:43

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37:43

Call to order — Ablorem subcommittee

3:43 → 4:08(26s)

The chair called the Ablorem subcommittee to order and read the docket item: House Resolution 250, to be presented by Representative Washburn. Committee logistics and speaker order were announced.

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Legislative subcommittee hearings addressed House Resolution 250, a constitutional amendment proposal to let counties adopt purchase-price-based property assessments (optional), and a public policy/finance session advanced a substitute for HB1116 to phase in larger homestead exemptions and create a local homestead option sales tax (LHOST).

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