Bill to cap property tax hikes concerns local leaders

Bill to cap property tax hikes concerns local leaders

JOHNSON CITY, Tenn. (WJHL) — A local county mayor and city manager say they're concerned about negative consequences from bills to cap the amount by which local governments can increase property taxes in a given year. One of those bills, sponsored by Kingsport Rep. Bud Hulsey (R-2nd), would cap annual increases at 2%. Proposals that [...]