CALIFORNIA
LA County property values top $2 trillion

Los Angeles Daily News

Property values in Los Angeles County rose by $97 billion, representing an increase of 4.85% compared to last year, and breaking the $2 trillion ceiling in net total value for the first time. County assessor Jeff Prang valuates the value of all taxable property in the county each year, as required by the State Constitution, which is then placed on a list, called the Assessment Roll.

COLORADO
Colorado CO2 Property Tax Challenge Booted From Federal Court

Bloomberg Tax

Non-operating owners of fractional interests in a Colorado carbon dioxide field can't pursue their challenge to a retroactive property tax hike in federal court, a US judge said. The Tax Injunction Act bars federal jurisdiction over the suit because it seeks to restrain the collection of state taxes, the US District Court for the District of Colorado ruled Wednesday.

INDIANA
Indiana Property Tax Cap’s One-Acre Limit Held Unconstitutional

Bloomberg Tax

Homeowners convinced the Indiana Tax Court that restricting a 1% property tax cap to only up to one acre of land is unconstitutional. The state constitution's one percent tax cap is meant for residential property, including curtilage, a term that doesn't imply a specific amount of acres, the Wednesday opinion said.

NEW JERSEY
NJ Justices Affirm Verizon's Local Tax Bill On Equipment

Law360

A Verizon entity must pay personal property tax on equipment at a switching station in a New Jersey borough, the state Supreme Court ruled Thursday, upholding lower court rulings that agreed...

VERMONT
Molly Burke: School taxes and the role of the Legislature

Reformer

Brattleboro sent out property tax bills last week. Many taxpayers have been shocked to see a significant increase in their taxes, specifically from the school tax. This is certainly a difficult situation and one that impacts all taxpayers. How did this happen, and who is responsible?