Senate BillPassed first houseRevenue and Taxation
SB 288: Property taxation: change in ownership: family homes and farms.
What SB 288 does, verified August 15, 2026
The bill aims to amend the state's property tax law regarding changes in ownership. It allows for the transfer of family homes and farms without being classified as a change in ownership, subject to certain conditions. These conditions include the transfer being made between family members, the property continuing to serve as a family home or farm, and the transferee filing for relevant exemptions within a year. The one-year periods for these conditions are deemed to start from the effective date of an order entered due to the transferor's death. The bill also removes the state's obligation to reimburse local agencies for lost property tax revenues. The bill takes effect immediately as a tax levy.
Bill journey
✓IntroducedComplete
✓In CommitteeComplete
✓First Chamber FloorComplete
4Second ChamberCurrent
5GovernorPending
6ChapteredPending
Last action: August 13 hearing: Held in committee and under submission. (2026-08-13)Alert me
Author and sponsors
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| Aug. 13, 2026 | August 13 hearing: Held in committee and under submission. |
| Aug. 05, 2026 | August 5 set for first hearing. Placed on suspense file. |
| Jun. 30, 2026 | From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (June 29). Re-referred to Com. on APPR. |
| Jun. 01, 2026 | From committee with author's amendments. Read second time and amended. Re-referred to Com. on REV. & TAX. |
| May. 04, 2026 | Referred to Com. on REV. & TAX. |