AJR 1
Proposes to amend the Nevada Constitution to revise certain provisions relating to property taxes. (BDR C-185)
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Sign in to take action- Introduced
- Passed Assembly
- Passed Senate
- To Governor
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Bill overview
This joint resolution proposes to amend the Nevada Constitution to change how property taxes are calculated for recently sold or transferred real estate. Specifically, it would prevent adjustments to property values based on the age of improvements for the first year after a sale, and require that any such adjustments be treated as if the improvements were new for subsequent years. This aims to provide more stability in property tax assessments for homeowners who have recently purchased property.
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