Progress: Chamber 1: Filed
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HB464 - Rep. Mike McGirl (R) - Modifies provisions relating to personal property tax valuations
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| Summary: |
Currently, determining the value of new construction or improvements to real property includes the additional assessed value of all improvements or additions to real property which were begun after, and were not part of, the prior year's assessment.
Currently, determining the aggregate increase in value of personal property for the current year over that of the previous year is considered to be the equivalent of the new construction and improvements factor for personal property.
Beginning January 1, 2027, any increase in motor vehicle value from a previous year's price guide will not be counted as new construction.
Beginning January 1, 2026, the assessor will annually assess all personal property at 31% of its true value in money as of January 1st of each calendar year.
Currently, county assessors use the trade-in value in the October issue of the National Automobile Dealer's Official Used Car Guide (NADA) when determining the true value of motor vehicles. This bill allows the State Tax Commission (STC) to choose a nationally recognized automotive trade publication such as Kelley Blue Book, Edmunds, the NADA, or other similar publication to determine the true value. The county assessors must use the October issue of such publication chosen by the STC.
This bill is the same as HB 2430 (2024) and similar to HB 754 (2023). |
| Progress: |
Chamber 1: Filed |
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HB1059 - Rep. Brad Banderman (R) - Modifies provisions relating to utilities
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| Progress: |
Chamber 1: Filed |
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HB999 - Rep. Ron Fowler (R) - Modifies provisions relating to the state tax commission's enforcement authority, authorizing withholding of certain revenues as a result of noncompliance
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| Summary: |
Currently, the State Tax Commission (STC) has the power to issue orders to county assessors and Boards of Equalization.
This bill provides that when an order is issued by the STC that requires a county to comply with state law by modifying or equalizing assessed valuations, and those modifications result in a reduction of the assessed valuations, the county is allowed a minimum of 90 days to come into compliance. The order must state the deadline for compliance, but the STC may extend the deadline upon the county's request.
If the county fails to comply, the STC may direct the Department of Revenue (DOR) to withhold local sales tax moneys that the county would otherwise be entitled to. The withholding will remain in effect until the STC determines that the county has come into compliance with the order.
The amount of local sales tax that may be withheld must equal 110% of the total dollar amount of the improper assessments that were in excess of the statutorily allowed amounts. The STC must notify the county of the withholding and provide information on how the county may cure the non-compliance in order to release the withheld revenue.
If the noncompliant county comes into compliance, the STC must notify DOR that it may release and remit the previously withheld local sales tax revenue to the county. A county is not entitled to interest on the withheld funds.
A county may seek judicial review of the STC's determination of non-compliance.
If the STC determines that a county is non-compliant, and the determination results in the withholding of sales tax revenue, the county may seek judicial review of that determination within 30 days.
If the court subsequently finds that the STC's determinations were made in error, the court must order that the amount of sales tax revenue withheld be returned to the county, with interest on the amounts wrongfully withheld. A county is not entitled to interest if the court upholds the STC's determinations. |
| Progress: |
Chamber 1: Filed |
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SB599 - Sen. David Gregory (R) - Modifies provisions relating to property taxes
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| Summary: |
SB 599 - This act modifies provisions relating to property taxes. PROPERTY TAX ASSESSMENTS This act provides that if the common level of assessment, as defined in the act, in a subclass is lower than the individual level of assessment, as defined in the act, of any parcel in such subclass, then the individual level of assessment for such parcel shall be reduced to the common level of assessment. Such reduction shall be made upon an appeal by the taxpayer. (Section 137.132) PROPERTY TAX APPEALS Current law provides that, in any appeal in which an assessor fails to provide evidence of a physical inspection required by law, the taxpayer shall prevail as a matter of law. This act also provides that the assessor's increased assessed valuation shall be void in its entirety and the previous assessed valuation shall be applied. (Section 138.060) Current law authorizes any first class charter county or city not within a county to require, by ordinance or charter, the reimbursement of just and reasonable appraisal costs, attorney fees, and court costs resulting from hearings before the State Tax Commission for taxpayer appeals of property assessments. This act requires such reimbursements. This act also increases the maximum amount of fees to be reimbursed from $1,000 to $5,000 for residential property appeals, and from $4,000 to $5,000 for utility, industrial railroad, or other subclass three property appeals. (Section 138.434) PROTESTED PROPERTY TAXES Current law requires a taxpayer to file a written protest of property taxes with the collector at the same time such taxpayer makes full payment of such taxes. This act repeals such requirement. This act also provides that the interest due to a taxpayer whose protested taxes were distributed to a taxing authority shall be calculated from the date that the protested taxes were distributed to the taxing authority through the date of the refund. Any taxpayer determined by a circuit court or the State Tax Commission to be entitled to a refund of property taxes shall receive such refund from the collector within thirty days of the final determination of the refund amount by the circuit court or State Tax Commission. If such refund is not issued within thirty days, the taxpayer shall be entitled to interest on the refund as calculated under current law. (Section 139.031) This act is identical to SB 1001 (2024) and is substantially similar to HCS/HB 2445 (2024), SS/SB 95 (2023), and SB 1108 (2022), and to provisions in SS/SCS/SB 15 (2023). JOSH NORBERG
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| Progress: |
Chamber 1: Filed |
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HB903 - Rep. Richard West (R) - Reduces the assessment percentage of tangible personal property over a period of years
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| Summary: |
Beginning January 1, 2026, the percentage of the true value in money at which personal property is assessed will be reduced over a period of three years until it will be assessed at 18% of its true value in money. |
| Progress: |
Chamber 1: Filed |
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HB816 - Rep. Rodger Reedy (R) - Modifies provisions relating to motor vehicle assessment valuations
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| Summary: |
Currently, the assessor of each county uses the trade-in value published in the October issue of the National Automobile Dealers' Association Official Used Car Guide (NADA) for determining the true value in money of motor vehicles.
Beginning January 1, 2026, this bill allows assessors to use a nationally recognized automotive trade publication such as the NADA, Kelley Blue Book, Edmunds, or other similar publication. The State Tax Commission will select the publication to be used, and the assessors will use the trade-in value published in the current October issue of the selected publication. The assessor can not assess a motor vehicle for an amount greater than the motor vehicle was assessed the previous year.
This bill is similar to HCS HB 1690 (2024). |
| Progress: |
Chamber 1: Filed |
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HB780 - Rep. Darin Chappell (R) - Modifies provisions relating to the assessed valuation of residential real property
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| Summary: |
Beginning January 1, 2026, the true value in money of real property maintained and used by the owner as a primary residence for assessment purposes will be the same value determined at the most recent assessment as determined on or before December 31, 2025, subject to the following:
(1) For all residential real property maintained and used as the primary residence that is bought, sold, or transferred on or after January 1, 2026, the true value in money of the property for assessment purposes must not exceed the most recent purchase price. The true value in money will be maintained until the next sale of such property; or
(2) For all assessments of residential real property maintained and used as the primary residence on or after January 1, 2026, the assessed valuation may be increased, but only to the extent that the increase is the result of new construction or improvements made to the property where the added value equals a 50% increase or greater. This new assessed value will reflect the true value in money for all subsequent assessments until the conditions described above are met again or the next sale of the property.
If the sale of a piece of real estate results in a transaction that is below market value, the assessor must provide evidence to the Board of Equalization or other equivalent entity that the sale price should not be used as the new true value in money for assessment purposes. The owner of the property must notify the County Assessor of new construction or improvements so that a reassessment can be made.
Participation in the assessment process is optional. If a homeowner wishes to participate in the assessed valuation provisions as specified in this bill, the owner may opt in by notifying the assessor's office, and the homeowner's real property must be assessed under the assessment process in existence on or before December 31, 2025.
This bill is the same as HCS HB 1906 (2024) and similar to HB 1078 (2023). |
| Progress: |
Chamber 1: Filed |
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HB777 - Rep. Rodger Reedy (R) - Modifies provisions relating to the state tax commission
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| Summary: |
On or before August 1, 2026, the State Tax Commission (STC) shall adopt and implement by rule final specifications for computer- assisted mass appraisal software used by County Assessors.
The rules may provide procedures for the STC to compensate a county through the county's local assessment fund. |
| Progress: |
Chamber 1: Filed |
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HB776 - Rep. Rodger Reedy (R) - Modifies provisions relating to motor vehicle assessment valuations
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| Summary: |
Currently, county assessors must use the October issue of the National Automobile Dealers' Association Official Used Car Guide to determine the true value of a motor vehicle. The assessor cannot use a value that is greater than the average trade-in value without performing a physical inspection, unless the car is two years old or newer.
This bill requires that the county assessor determine the true value in money for motor vehicles by using the trade-in value published in the October issue of a nationally recognized automotive trade publication selected by the State Tax Commission (STC). The assessor will not use a value that is greater than the average trade-in value for the motor vehicle without performing a physical inspection of the vehicle, but for vehicles two years or newer from a vehicle's model, the assessor may use a value other than the average without performing a physical inspection.
Beginning January 1, 2026, the assessor will apply a 25 year depreciation table to the trade-in value of motor vehicles; but in no case shall the assessed value of a motor vehicle depreciate below $100.
To implement the provisions of this bill without large variations from the prior method of assessment, the assessor will assume that the last valuation tables used prior to October 1, 2025, are fair valuations, and that these valuations are depreciated using the table described above until the end of the vehicle's useful life.
The automotive trade publication selected by the STC shall be used for a period of three years. The STC may then reauthorize the publication for an additional three years or select a different publication. The publication will be made available to all vendors by October 15th of each year.
This bill is similar to HCS HB 1690 (2024). |
| Progress: |
Chamber 1: Filed |
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HB629 - Rep. Mike McGirl (R) - Modifies provisions relating to personal property assessments
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| Summary: |
Currently, local County Assessors determine the value of new construction and improvements of both real and personal property by maintaining a yearly record of increases in valuation for each political subdivision in the county that results from new construction or improvements. The aggregate increase in valuation of personal property for the current year over that of the previous year is the equivalent of the new construction and improvements factor for personal property.
Beginning January 1, 2027, any increase in the aggregate valuation of personal property for the current year over that of the previous year can not be counted as new construction.
Currently, personal property is assessed at 33.3% of its true value in money as of January 1st of each calendar year. Beginning January 1, 2026, personal property must be assessed at 31% of its true value in money.
Currently, local County Assessors use the trade-in value published in the October issue of the National Automobile Dealers' Association Official Used Car Guide (NADA) to determine the true value of motor vehicles for the purposes of personal property tax assessments. This bill requires the State Tax Commission to choose a nationally recognized publication, such as the NADA, Kelley Blue Book, Edmunds, or any other similar publication, and allows the Assessor to use the current or any of the three immediately previous years' October issue of such publication.
This bill is the same as SB 264 (2025). |
| Progress: |
Chamber 1: Filed |
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HB599 - Rep. Aaron Crossley (D) - Allows an additional thirty days for individuals sixty-two years of age and older to file property tax assessment appeals
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| Summary: |
This bill gives individuals who are 62 years of age and older an additional 30 calendar days after the date provided by law to file a written appeal of the assessment of property to the county board of equalization.
This bill is the same as HB 2200 (2024). |
| Progress: |
Chamber 1: Filed |
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HB531 - Rep. Wendy Hausman (R) - Modifies provisions relating to property tax assessments of certain stationary property
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| Summary: |
Beginning January 1, 2026, the provisions of current law relating to depreciable tangible personal property will apply to all real property, placed in service at any time, that is stationary property used for transportation or storage of liquid and gaseous products, including water, sewage, and natural gas that is not propane or LP gas, but not including petroleum products.
The county assessor must estimate the value of the stationary property by applying the depreciation table provided in the bill to the original cost of the property.
Taxpayers who own such stationary property must provide the assessor, on or before May 1 of the applicable tax years, with the original cost and the year placed in service. The information will be summarized in a format specified in the bill. Upon request by a taxpayer, the assessor will provide the taxpayer with certain information specified in the bill.
This bill is the same as SB 427 (2025) and similar to HB 2110 (2024). |
| Progress: |
Chamber 1: Filed |
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HB54 - Rep. Willard Haley (R) - Modifies provisions governing tangible personal property assessments of boats
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| Summary: |
Currently, certain items of tangible personal property used for lodging must be assessed for property tax purposes in the county where the items are located, rather than the county in which the owner resides. These items include houseboats, cabin cruisers, and manufactured homes.
This bill requires that floating boat docks and motor boats, if the motor boats are housed or stored outside the owner?s county of residence on a boat lift or in a marina, and are not regularly transported to the owner?s county of residence, also be assessed for property tax purposes in the county where the items are located, rather than the county in which the owner resides.
This bill is the same as HB 1430 (2024). |
| Progress: |
Chamber 1: Filed |
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SJR50 - Sen. Rick Brattin (R) - Modifies provisions relating to property tax assessments
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| Summary: |
SJR 50 - This constitutional amendment, if approved by the voters, provides that, beginning January 1, 2027, the assessed value of residential real property shall be the most recent assessment. For all subsequent reassessments of such residential real property, the assessed value shall not increase while the owner or owners continue to own such property. Residential real property that is purchased, newly constructed, or undergoes a change in ownership shall be reassessed at its true value in money as provided by law, after which the assessed value of such property shall not increase while the new owner or owners continue to own such property. The assessed value of residential real property shall reflect the value added to the property as a result of new construction or improvements, as described in the act. This amendment is substantially similar to SJR 90 (2024) and HCS#2/HJR 78 (2024), and is similar to HJR 85 (2024), HJR 120 (2024), HJR 184 (2024). JOSH NORBERG
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| Progress: |
Chamber 1: Filed |
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HB349 - Rep. Renee Reuter (R) - Modifies provisions relating to motor vehicle assessment valuations
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| Summary: |
Currently, for vehicles less than two years older than the model year, a county assessor may use a value other than the average trade-in value without performing a physical inspection.
This bill specifies that, the true value of motor vehicles is equal to, but no higher than, the trade-in value as published in the October issue of the National Automobile Dealers' Association Official Used Car Guide.
This bill is the same as HB 2259 (2024). |
| Progress: |
Chamber 1: Filed |
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SJR34 - Sen. Joe Nicola (R) - Modifies provisions relating to property tax assessments
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| Summary: |
SJR 34 - This constitutional amendment, if approved by the voters, provides that, beginning January 1, 2027, the assessed value of residential real property shall be the most recent assessment. For all reassessments of such residential real property, the assessed value shall not increase by more than the increase in the Consumer Price Index or by 4%, whichever is less, provided that the assessed value shall reflect the value added to the property as a result of new construction or improvements, as described in the act. This amendment is identical to HCS#2/HJR 78 (2024), is substantially similar to SJR 90 (2024), and is similar to HJR 85 (2024), HJR 120 (2024), HJR 184 (2024). JOSH NORBERG
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| Progress: |
Chamber 1: Filed |
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SB427 - Sen. Curtis Trent (R) - Modifies provisions relating to the assessment of certain stationary property
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| Summary: |
SB 427 - Beginning January 1, 2026, the provisions of current law relating to depreciable tangible personal property shall apply to all stationary property used for transportation or storage of liquid and gaseous products, including, but not limited to, natural gas that is not LP gas, water, and sewage that was or will be placed in service at any time. To estimate the value of such stationary property, this act requires that the assessor shall value such property by applying the twenty-year depreciation schedule provided in current law to the original cost of the property. The presumption as to the proper method of determining the assessed value of such property shall apply regardless of when such property was placed in service. The act requires each taxpayer to provide to the assessor, upon written request from the assessor received no later than January 31 of the applicable tax year, the original cost and year placed in service of such property summarized in a format that is substantially similar to the real property reporting and valuation forms contained in section 7.4 of the State Tax Commission assessor manual (revision date March 23, 2016). Such information shall be provided for each taxing district within the assessor's jurisdiction if the assessor's written request includes a description of each taxing district that is sufficient to enable the taxpayer to provide such information and such information is maintained by and readily available to the taxpayer. The taxpayer shall certify that the information provided to the assessor is accurate to the best of its knowledge. All information provided to an assessor pursuant to this act shall be considered proprietary information and shall be accessible only to the assessor and the assessor's staff for internal use only. (Section 137.122) This act is identical to HB 2110 (2024) and to a provision in SB 896 (2024), and is substantially similar to SB 533 (2023), HB 349 (2023), SB 196 (2021), SCS/SB 785 (2020), and HCS/HB 1907 (2020), and to provisions in SCS/SB 944 (2022) and HCS/HB 2208 (2022). JOSH NORBERG
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| Progress: |
Chamber 1: Filed |
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SB414 - Sen. Curtis Trent (R) - Modifies provisions relating to the assessment of solar energy property
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| Summary: |
SB 414 - This act provides that the definition of "tangible personal property" shall, for the purposes of property taxation, include solar panels, racking systems, inverters, and related solar equipment, components, materials, and supplies installed at commercial solar photovoltaic energy systems that were constructed and producing solar energy prior to August 9, 2022. (Section 137.010) This act also creates a new subclass of tangible personal property that includes solar panels, racking systems, inverters, and related solar equipment, components, materials, and supplies installed at commercial solar photovoltaic energy systems that were constructed and producing solar energy prior to August 9, 2022, and provides that such subclass shall be assessed at three percent of its true value in money. (Section 137.080 and 137.115) This act is substantially similar to SB 1219 (2024) and to provisions in HCS/HB 1836 (2024). JOSH NORBERG
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| Progress: |
Chamber 1: Filed |
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SB264 - Sen. Travis Fitzwater (R) - Modifies provisions relating to personal property assessments
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| Summary: |
SB 264 - This act modifies provisions relating to personal property assessments. PERSONAL PROPERTY NEW CONSTRUCTION For the purposes of calculating the amount of assessed valuation of personal property, current law provides that the definition of new construction and improvements is the aggregate increase in valuation of personal property for the current year over that of the previous year. This act provides that, beginning January 1, 2027, new construction and improvements shall not include increases in the aggregate assessed valuation of personal property. (Section 137.073) This provision is substantially similar to SB 409 (2023) and HB 754 (2023). PERSONAL PROPERTY ASSESSMENT RATE Current law requires personal property to be assessed at 33.3% of its true value in money. This act reduces such assessment rate to 30%. (Section 137.115.1) MOTOR VEHICLE ASSESSMENTS Current law requires assessors to use the trade-in value published in the October issue of the National Automobile Dealers' Association Official Used Car Guide to determine the true value of motor vehicles for the purposes of property tax assessments. This act requires the State Tax Commission to require an assessor to use such publication or the Kelley Blue Book, Edmunds, or another similar publication, and allows the assessor to use the current or any of the three immediately previous years' October issue of such publication. (Section 137.115.9) This act is substantially similar to SS/SCS/SB 799 (2024), HCS/HB 1690 (2024), HB 2358 (2024), SS/SCS/SB 8 (2023), and SB 493 (2023), and to a provision in HB 2403 (2024), HCS/SS/SB 23 (2023), HCS/SS#3/SCS/SB 131 (2023), SS/SCS/SB 133 (2023), as amended, HCS/SS/SB 143 (2023), HCS/SB 247 (2023), and SCS/HCS#2/HB 713 (2023). JOSH NORBERG
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| Progress: |
Chamber 1: Filed |
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SB183 - Sen. Sandy Crawford (R) - Modifies provisions relating to the assessment of motor vehicles
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| Summary: |
SB 183 - Current law requires assessors to use the National Automobile Dealers' Association Official Used Car Guide to determine the true value of motor vehicles. This act instead requires assessors to use the manufacturer's suggested retail price (MSRP) published in a nationally-recognized automotive trade publication chosen by the State Tax Commission. The publication chosen by the Commission shall be used for periods of at least three years and may be reauthorized by the Commission. Beginning January 1, 2026, assessors shall apply the twenty-five year depreciation table provided in the act to determine the assessed value of a motor vehicle. In no case shall the assessed value of a vehicle be less that one hundred dollars. This act is substantially similar to SS/SCS/SB 799 (2024), HCS/HB 1690 (2024), HB 2358 (2024), SS/SCS/SB 8 (2023), and SB 493 (2023), and to a provision in HB 2403 (2024), HCS/SS/SB 23 (2023), HCS/SS#3/SCS/SB 131 (2023), SS/SCS/SB 133 (2023), as amended, HCS/SS/SB 143 (2023), HCS/SB 247 (2023), and SCS/HCS#2/HB 713 (2023). JOSH NORBERG
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| Progress: |
Chamber 1: Filed |
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SB87 - Sen. Joe Nicola (R) - Reduces the assessment percentage for real property
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| Summary: |
SB 87 - Current law assesses real property at a percentage of its true value in money as follows: 19% for residential property, 12% for agricultural property, and 32% for utility, industrial, commercial, railroad, and all other property. This act reduces such percentages to 17%, 10%, and 30%, respectively. JOSH NORBERG
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| Progress: |
Chamber 1: Filed |
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SB85 - Sen. Joe Nicola (R) - Prohibits the use of artificial intelligence in the assessment of property
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| Summary: |
SB 85 - This act prohibits county assessors from using any computer, computer-assisted method, or computer program that utilizes artificial intelligence for the purpose of determining the true value in money of any real or personal property. JOSH NORBERG
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| Progress: |
Chamber 1: Filed |
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HB67 - Rep. Matthew Overcast (R) - Authorizes the county assessor to provide taxpayers with a form to verify structures on parcels of real property within a volunteer fire protection association's service area
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| Summary: |
This bill requires the State Tax Commission to design an assessment blank to be furnished to each county assessor that allows the assessor to provide a volunteer fire protection association with a way to indicate each residence and business having an occupiable structure on each parcel of real property within the fire protection association's service area.
The assessor, in conjunction with the volunteer fire protection associations within the assessor's jurisdiction, must compile a list of each parcel of real property which has a residence or business having an occupiable structure.
The assessor will use the information gathered to provide a form to each taxpayer residing in or owning a building having an occupiable structure on the taxpayer's real property that the taxpayer may use to verify the existence of the structure. The assessor will include the volunteer fire protection association form with the personal property assessment list the assessor sends to each taxpayer annually. The taxpayer may return the form verifying the existence of an occupiable structure and may include the payment of the annual volunteer fire protection association dues.
The county collector or other designated official may, after deducting and retaining 5% of the annual dues for administrative costs, remit the collected dues to the volunteer fire protection associations.
Before December 15th of each year, a volunteer fire protection association that uses a county collector for collection of the association's dues must file an annual report with the county clerk in each county in which the association provides service, and deliver a copy to the county collector. The information required to be included in the annual report is set out in the bill.
This bill is similar to HB 2877 (2024). |
| Progress: |
Chamber 1: Filed |
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