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On Thursday, January 15, at 8:00 a.m., HJR 203 (Miller) will be considered by the House State Affairs Committee.
HJR 203 phases out non-school homestead property taxes over 10 years. Each year, homeowners would receive an additional $100,000 exemption. After ten years, all non-school homestead property taxes would be eliminated.
The projected negative impact in 2030-31 is $13.3 billion recurring for cities and counties. If approved, all non-school homestead property would be terminated by 2037.
This bill is likely to pass this committee, but it's important to continue educating your legislators about how these property tax proposals will impact your city as these bills get closer to a House vote.
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