H.B. 236: Truth in Taxation Amendments

About this bill

Signed by the governor on March 23, 2026. This bill addresses property tax increases through truth in taxation.

• Defines terms
• Requires fiscal year taxing entities proposing a property tax rate increase to make a preliminary statement in a public meeting regarding the taxing entity's consideration of a tax rate increase
• Clarifies notice and publication requirements for towns proposing a tax rate increase that do not have public websites
• Clarifies the State Tax Commission's authority to deny a taxing entity's proposed tax rate increase for failing to meet truth in taxation requirements
• Provides for a one-year period in which the State Tax Commission is not required to deny a fiscal year taxing entity's proposed tax rate increase for failure to comply with certain truth in taxation requirements
• Requires fiscal year taxing entities proposing a property tax increase to: prepare and adopt an interim budget that includes a property tax impact schedule; and reserve a certain amount of the taxing entity's general fund revenue in a restricted budget account for a limited period of time

Full bill page: steps, fiscal note and sponsors · Chief sponsor Karen M. Peterson