This bill modifies provisions related to property tax.
This bill:
- defines terms;
- prohibits taxpayers from receiving the homeowner's credit unless the taxpayer received the credit within the previous two years, beginning in 2026;
- removes requirements for annual inflation adjustments for the homeowner's credit;
- increases the household income limits and maximum credit amounts allowed for a renter's credit;
- changes the qualifications, scope, duration, and rates of interest applicable to the discretionary and nondiscretionary property tax deferral programs;
- prohibits taxpayers from receiving indigent abatement unless the taxpayer received the abatement within the previous two years, beginning in 2026;
- requires a county auditor to include information on the property tax valuation notice regarding the availability of tax deferral programs;
- requires a county treasurer to include information on the tax notice regarding the amount of outstanding taxes and interest for taxpayers who receive a deferral;
- prohibits taxpayers from receiving more than one of certain forms of property tax relief;
- includes a coordination clause to address substantive and technical conflicts if this bill and H.B. 20, Property Tax Code Recodification, both pass and become law; and
- makes technical and conforming changes.

Statutes affected:
Introduced: 59-2-919.1, 59-2-1202, 59-2-1208, 59-2-1209
Substitute #1: 59-2-919.1, 59-2-1208, 59-2-1209, 59-2-1331, 59-2-1343, 59-2-1801, 59-2-1802, 59-2-1802.5, 59-2-1803, 59-2-1804, 63J-1-602.2
Substitute #2: 59-2-919.1, 59-2-1208, 59-2-1209, 59-2-1331, 59-2-1343, 59-2-1801, 59-2-1802, 59-2-1802.5, 59-2-1803, 59-2-1804, 63J-1-602.2
Substitute #3: 59-2-919.1, 59-2-1208, 59-2-1209, 59-2-1317, 59-2-1331, 59-2-1343, 59-2-1801, 59-2-1802, 59-2-1802.5, 59-2-1803, 59-2-1804, 63J-1-602.2
Enrolled: 59-2-919.1, 59-2-1208, 59-2-1209, 59-2-1317, 59-2-1331, 59-2-1343, 59-2-1801, 59-2-1802, 59-2-1802.5, 59-2-1803, 59-2-1804, 63J-1-602.2
Substitute #4: 59-2-919.1, 59-2-1208, 59-2-1209, 59-2-1317, 59-2-1331, 59-2-1343, 59-2-1801, 59-2-1802, 59-2-1802.5, 59-2-1803, 59-2-1804, 63J-1-602.2