Reduce the growth in the assessed value of owner-occupied property, limit increases in certain property tax revenues, revise provisions regarding school district excess tax levies, and revise eligibility requirements for a property tax assessment freeze.
Reduce a limit on the annual increases of property tax revenues payable to certain taxing districts, and to subject school districts to a limit on property taxes collected in a year.
Require an affidavit of succession for purposes of succeeding to the ownership of an abandoned mineral interest.
Require a public hearing prior to a vote to impose an excess tax levy.
Provide property tax relief to certain senior owners of owner-occupied single-family dwellings.
Revise property tax levies for school districts and to revise the state aid to general and special education formulas.
Revise the requirements for content reported on a property tax bill.
Reduce a maximum property tax mill levy on owner-occupied single-family dwellings for school district general funds, and to repeal certain sales tax exemptions.
Reduce maximum values for certain property taxes levied on owner-occupied single-family dwellings, and to increase the rates for certain gross receipts taxes and use taxes.
Update Uniform Unclaimed Property Act to include provisions related to virtual currency and notice requirements.