Attorney General Marty Jackley releases the final ballot explanation for a proposed initiated measure that limits property tax assessment increases.
The measure would limit annual property tax assessment increases on all non-agricultural land to no more than 2.25 percent of a base amount.
If voters approve the measure in 2026, the new limit would start with the 2027 assessment.
The initiated measure would require 17,509 valid petition signatures to qualify for the 2026 general election ballot.
The ballot explanation can be found here.