CS/SB 1254: Ad Valorem Assessments
GENERAL BILL by Finance and Tax ; Bean
Ad Valorem Assessments; Adding exceptions to the definition of the term “change of ownership” for purposes of a certain homestead assessment limitation; providing that changes, additions, or improvements, including ancillary improvements, to nonhomestead residential property damaged or destroyed by misfortune or calamity must be assessed upon substantial completion; providing that certain changes, additions, or improvements must be reassessed at just value in subsequent years, etc.
Effective Date: 7/1/2021
Last Action: 4/30/2021 Senate - Died in Appropriations, companion bill(s) passed, see HB 7061 (Ch. 2021-31)
Bill Text: Web Page | PDF
Last Action: 4/30/2021 Senate - Died in Appropriations, companion bill(s) passed, see HB 7061 (Ch. 2021-31)
Bill Text: Web Page | PDF
Senate Committee References:
- Community Affairs (CA)
- Finance and Tax (FT)
- Appropriations (AP)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/11/2021 | Senate |
• Filed |
| 2/18/2021 | Senate |
• Referred to Community Affairs; Finance and Tax; Appropriations -SJ 127 |
| 3/2/2021 | Senate |
• Introduced -SJ 127 |
| 3/19/2021 | Senate |
• On Committee agenda-- Community Affairs, 03/24/21, 8:30 am, 37 Senate Building |
| 3/24/2021 | Senate |
• Favorable by Community Affairs; YEAS 8 NAYS 0 -SJ 312 • Now in Finance and Tax |
| 3/26/2021 | Senate |
• On Committee agenda-- Finance and Tax, 03/31/21, 11:00 am, 110 Senate Building |
| 3/31/2021 | Senate |
• CS by Finance and Tax; YEAS 8 NAYS 0 -SJ 342 |
| 4/1/2021 | Senate |
• Pending reference review under Rule 4.7(2) - (Committee Substitute) • CS by Finance and Tax read 1st time -SJ 351 |
| 4/2/2021 | Senate |
• Now in Appropriations |
| 4/30/2021 | Senate |
• Died in Appropriations, companion bill(s) passed, see HB 7061 (Ch. 2021-31) |
