SJR 27 - This constitutional amendment, if approved by the voters, provides a property tax exemption for personal property over a certain age. Beginning in the 2023 calendar year, the exemption shall apply to personal property older than ten years, with such exemption expanding each year until, beginning in the 2026 calendar year and all subsequent years, the exemption shall apply to personal property older than seven years. This amendment is substantially similar to SJR 36 (2020) and SJR 28 (2019).
JOSH NORBERG