HB1321 - 104th General Assembly (2025-2026)
PROP TX-TAX DISTRICT SURPLUS
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Property Tax Code. Provides that no taxing district may hold more than 150% of the previous levy year's property tax collections in cash or cash-equivalent assets. Provides that excess amounts shall be refunded to taxpayers. Effective immediately.
Actions
| Date | Chamber | Action |
|---|---|---|
| 1/14/2025 | House | Filed with the Clerk by Rep. Dan Ugaste |
| 1/21/2025 | House | Added Co-Sponsor Rep. Tony M. McCombie |
| 1/28/2025 | House | First Reading |
| 1/28/2025 | House | Referred to Rules Committee |
| 2/11/2025 | House | Assigned to Revenue & Finance Committee |
| 2/25/2025 | House | To Finance Subcommittee |
| 3/18/2025 | House | Added Co-Sponsor Rep. Kevin Schmidt |
| 3/21/2025 | House | Rule 19(a) / Re-referred to Rules Committee |