Rising home values sparking property tax debates

Relief bills were pre-filed in at least two states.
A sprawling neighborhood in Colorado Springs, Colo., on Wednesday, Nov. 23, 2022. (AP Photo/Thomas Peipert, File)

Property tax exemptions, credits and rate reductions will likely be a hot topic in state legislatures this session, as rising home values continue to push up tax bills.

Lawmakers in at least two states, Missouri and Wyoming, have already pre-filed property tax relief bills. Kansas lawmakers will likely include property tax relief in a broader tax cut bill. And task forces in Colorado, Ohio and Montana will meet to draw up property tax relief recommendations.

Stay informed
Subscribe to keep reading.

Sign up today to get the latest state new at your fingertips and in your inbox.