ACTIVE CITY COUNCIL BILLS
Bills 49 / Ord 25-42 & 50 / Ord 25-43 (2025)
Exemption amount increase from $120,000 to $140,000 and $160,000 to $180,000 for 65 years old and older effective July 1, 2027 (2027 Notice of Assessment)
Bills 45 and 46 (2026): passed 2nd reading, proposes to increase the home exemption amounts to $160,000 and $200,000, effective July 1, 2028.
Bill 40 (2026): passed 2nd reading, offers a tax remission (refund) for the difference between Residential and Residential A taxes for affordable condos with owner restrictions.
Bill 47 (2026): passed 2nd reading, proposes to reduce the City’s vehicle weight tax rates. Dept of Transportation’s opposition testimony and loss of $30M revenue
Closely related to HB2022, SD1 - (c) Notwithstanding any county ordinance to the contrary, a county's annual vehicle registration fee shall not exceed the annual vehicle registration fee imposed pursuant to subsection (a); provided that this subsection shall only apply to counties with a population of five hundred thousand or more. City's opposition testimony, approx. $135M loss City revenue.
