Op-Ed & News
Tax Lightning Legislation Could Be Victim of Time Again
February 14th, 2012By James Monteleone / Journal Staff Writeron
Tue, Feb 14, 2012
SANTA FE — Legislation that would put an end to property "tax lightning" faces an uphill battle to get approval from the House before the session grinds to a halt Thursday.
"Tax lightning" is the term for the significant jump in a homeowner’s assessed property value to market rate immediately after a home is purchased, while neighbors’ values are protected from increasing by more than 3 percent per year.
House Should Vote To Ground Tax Lightning
March 20th, 2011Saturday, March 12, 2011
House Should Vote To Ground Tax Lightning
