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March 8, 2021
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PROPERTY TAX PLANS
(2008-03-11)
(wgvu) -
LEGISLATURE ARE ACCUSING EACH OTHER OF STONEWALLING SOME OF THEIR
EFFORTS TO PROVIDE A BREAK ON PROPERTY TAXES.
HOUSE DEMOCRATS WANT THE REPUBLICAN-LED SENATE TO PASS
LEGISLATION THAT WOULD PUT AN 18-MONTH MORATORIUM ON THE SO-CALLED
"POP UP" TAX RESULTING FROM HOME SALES.
SUPPORTERS SAY THE HOUSE-APPROVED PLAN WOULD GIVE HOMEOWNERS AN
INCENTIVE BY LETTING THEM PAY ROUGHLY THE SAME AMOUNT OF PROPERTY
TAXES PAID BY THE PREVIOUS OWNER.
HOUSE REPUBLICANS WANT DEMOCRATS TO ALLOW VOTES ON LEGISLATION
BARRING A HOMEOWNER'S PROPERTY TAXES FROM RISING IN A YEAR WHEN THE
HOME'S VALUE DECLINES.

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