Well, you know, it does several things that helps move the needle in the right direction. And first, We cap the increases from here for the next five years at 3% county wide on owner occupied taxes. We also another big part of the bill is for the assessment freeze program. It raises the minimum, the wage requirement or the cap to 65,000 for multiple member home and the value of the house to 500,000. (05:33–05:42)
CLAIM
Asserts that a bill caps property tax increases at 3% for the next five years on owner-occupied properties.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.