SJR 278: Limitation on the Assessed Value of New Homestead Property

JOINT RESOLUTION by Bernard

Limitation on the Assessed Value of New Homestead Property; Proposing amendments to the State Constitution to limit the assessed value of new homestead property established after a change of ownership which had an assessed value of less than a certain amount to no more than 150 percent of the assessed value of the property for the preceding year for ad valorem taxation purposes and to provide an effective date, etc.

Current Bill Version Posted: 10/23/2025 04:01 PM

• Senate Committee References (3)

  1. Finance and Tax (FT)
  2. Appropriations (AP)
  3. Rules (RC)

• Related Bills (1)

  Bill Number Subject Filed By Last Action and Location	Relationship Learn more about bill relationships
  S 280 by Bernard Assessment of Homestead Property Last Action: 3/13/2026 S Died in Finance and Tax	Linked

• Citations - Constitution (2)

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  Article VII	Section 4	Page 1 (pdf)
  Article XII		Page 7 (pdf)

• Bill History

  S = Senate, H = House

  10/23/2025	S	• Filed
  11/17/2025	S	• Referred to Finance and Tax; Appropriations; Rules
  1/13/2026	S	• Introduced
  3/13/2026	S	• Died in Finance and Tax