State • New Mexico

SJR 5: NONRESIDENTIAL PROPERTY VALUATION, CA

Michael PadillaIntroduced

SJR 5 status: Introduced — action postponed indefinitely (updated Mar 24, 2026).

1

What this bill does

Overall score

Score50/100 civic fit
RiskHigh risk
ImpactModerate impact 60/100

Bill summary

Official

The California Senate is currently debating a new way to calculate the property taxes that businesses have to pay on their buildings.

Key analysis

Constitutionality50%
Bipartisan50%
Public opinion50%
2

Impact analysis

Environment

Mixed / Neutral
50%

Benefits

  • no direct impact identified

Risks

  • no direct impact identified

Economy

Mixed / Neutral
50%

Benefits

  • potential for predictable business property tax valuations

Risks

  • risk of shifted tax burdens between commercial and other property classes

Society

Mixed / Neutral
50%

Benefits

  • no direct impact identified

Risks

  • no direct impact identified
3

How trustworthy & consequential it is

Source

OpenStates

Confidence

low

low

Analysis status

OpenStates summary

Warning

Source metadata appears inconsistent or contains an erroneous abstract regarding jurisdiction.

Limitation

Abstract provided references California rather than New Mexico legislative details.

4

Where it stands

1

Introduced

Current

action postponed indefinitely

2

Committee

Upcoming
3

Floor

Upcoming
4

Governor

Upcoming
5

Enacted

Upcoming
5

How it affects your district

Set your location

Add your district to see how this bill may affect your community and who to contact.

6

Take action

Contact your representatives

Let them know how you feel about this bill.

Share your view

Join the discussion and see what others are saying.

Track this bill

Stay updated on progress and changes.