SJR 282: Limitation on the Assessed Value of Property Owned and Used for Commercial Purposes by Small Businesses
JOINT RESOLUTION by Bernard
Limitation on the Assessed Value of Property Owned and Used for Commercial Purposes by Small Businesses; Proposing amendments to the State Constitution to limit the assessed value of real property owned and used for commercial purposes by a small business for ad valorem taxation purposes so that such assessed value may not exceed 3 percent or the percentage change in the Consumer Price Index, whichever is lower, and to provide an effective date, etc.
Senate Committee References:
- Finance and Tax (FT)
- Appropriations (AP)
- Rules (RC)
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Bill History
Date Chamber Action 10/23/2025 Senate • Filed
11/17/2025 Senate • Referred to Finance and Tax; Appropriations; Rules
1/13/2026 Senate • Introduced
3/13/2026 Senate • Died in Finance and Tax
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SJR 282, Original Filed Version (Current Bill Version) Posted 10/23/2025 at 4:04 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 284 Assessment of Property Owned and Used by Small Businesses Bernard Linked Last Action: 3/13/2026 S Died in Finance and Tax 
Citations - Constitution (2)
Article Section Location in Bill Location In Bill Help VII Section 4 Page 1 (pdf) XII Page 8 (pdf)