A proposal to phase out non-school homestead property taxes moved forward in Florida’s Republican-controlled legislature. CBS News reports the House State Affairs Committee voted along party lines to back a proposed constitutional amendment (HJR 203), which is...
A candidate for the Republican nomination for governor of South Dakota is proposing a two-year waiver on property taxes for first-time homebuyers plus a $400 annual property tax credit to all other homeowners. South Dakota Searchlight reports Dusty Johnson, who is...
The Chicago Board of Education voted 15-5 for a small increase to its property tax levy that will result in the collection of an additional $40 million. The Chicago Sun-Times reports the school board approved a property tax increase in August, but the new increase...
As we prepare to tuck 2025 into the history books, let’s take a look back at the year to highlight some of the Hits and Misses that dominated the real estate industry. Hit: The Property Tax Revolt. The year’s biggest story, by far, was the spontaneous eruption of...
Ohio Gov. Mike DeWine signed five bills into law designed to alleviate the property tax burden on homeowners. WSYX reports the new laws, which go into effect in 90 days, include the following: House Bill 124, which modifies the process for making property tax...