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Glossary of Legislative Terms

SB 1512: Property Tax Exemption and Assessment Limitation on Long-term Leased Property

GENERAL BILL by Avila

Property Tax Exemption and Assessment Limitation on Long-term Leased Property; Providing that property that receives a certain tax exemption shall be assessed in a specified manner; providing that changes, additions, and improvements to such properties shall be assessed in a specified manner; requiring the submission of an application containing specified information before receiving a specified tax exemption; providing specified tax exemptions for property that meets certain eligibility requirements, etc.

Effective Date: On the effective date of the amendment to the State Constitution proposed by SJR 1510 or a similar joint resolution having substantially the same specific intent and purpose, if such amendment is approved at the next general election
 Last Action: 2/27/2025 Senate - Filed
Bill Text: Web Page | PDF


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Bill History

Date Chamber Action
2/27/2025 Senate • Filed