This bill modifies property tax relief provisions.
This bill:
- defines terms;
- authorizes counties to provide certain property tax relief to qualifying individuals through a country relief program;
- establishes notice and public hearing requirements before a county may approve a county relief program by ordinance;
- requires a county to impose a separate county relief levy for the relief the county provides through a county relief program;
- changes the qualifications, scope, duration, and interest rate applicable to the nondiscretionary deferral program;
- authorizes the Multicounty Appraisal Trust to make loans to counties to pay the costs of granting nondiscretionary deferrals;
- repeals certain property tax relief programs;
- includes a coordination clause to incorporate changes to Section 59-2-1602 in S.B. 206, Tax Amendments; and
- makes technical and conforming changes.

Statutes affected:
Introduced: 59-2-919.1, 59-2-1317, 59-2-1331, 59-2-1343, 63J-1-602.2
Substitute #1: 59-2-919.1, 59-2-924.2, 59-2-1317, 59-2-1331, 59-2-1343, 63J-1-602.2
Substitute #2: 59-2-919.1, 59-2-924, 59-2-1317
Substitute #3: 59-2-919.1, 59-2-924, 59-2-1317, 59-2-1365, 59-2-1601, 59-2-1602, 63J-1-602.2
Amended 3/6/2026 22:03:177: 59-2-919.1, 59-2-924, 59-2-1317, 59-2-1365, 59-2-1601, 59-2-1602, 63J-1-602.2
Substitute #4: 59-2-919.1, 59-2-924, 59-2-1317, 59-2-1365, 59-2-1601, 59-2-1602, 63J-1-602.2