06/05/2024

Under Proposed Amendment, Property Tax Increases Would be Capped at 4 Percent

The bill was introduced by two GOP lawmakers

A Republican-led proposed constitutional amendment would put a cap on the allowed yearly property tax increases. House Joint Resolution 6 puts that cap at 4 percent.

The resolution was put forth by State Representatives Beth Lear (R-Galena) and Scott Wiggam (R-Wooster). It still needs to pass in the House and Senate and get the Secretary of State's approval before it would ever make it to the ballot.

The idea of a cap on property taxes is nothing new. It has appeared in the past several legislative sessions but has failed to gain enough traction to pass.

Please select this link to read the complete article from WBNS-10TV.