Environment
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Phillips
HB 5612 status: Introduced — Chapter 59, Acts, Regular Session, 2026 (updated Aug 13, 2026).

Source
OpenStates
Confidence
Low
Analysis basis
OpenStates summary
Official summary alongside an AI-generated read on where it stands and why.
Overall Score
Bill summary
The bill updates the methodology used to calculate the valuation of property located within the State Capitol Complex.
State administrative agencies, owners of property adjacent to the Capitol, and local tax assessors.
The bill mandates new procedural rules for land and building valuations near the Capitol.
Not stated in the available source; fiscal impacts will depend on the new valuation outcomes.
The bill was processed during the 2026 Regular Session and became Chapter 59 of the 2026 Acts.
Potential for increased clarity and consistency in state property valuation.
The potential for inconsistent valuation outcomes and the impact on local property tax revenue.
The specific technical criteria or appraisal methods used to determine property value are not provided in the abstract.
Modeled effects across six domains, estimated from bill text and comparable legislation.
No direct effect
Neutral — no direct effect identified.
Positive outlook
No direct effect
Neutral — no direct effect identified.
No direct effect
Neutral — no direct effect identified.
Mixed / Neutral
No direct effect
Neutral — no direct effect identified.
Sourcing already shown above, this is what the analysis found worth flagging.
Source
OpenStates
Official bill text or data from OpenStates.
Confidence
Low
Information is limited or incomplete.
Analysis basis
OpenStates summary
Source used for this bill's analysis.
Source note
The fiscal impact of changing property valuations on state-adjacent land remains unquantified.
!Analysis scope
Source provided is a summary abstract with limited procedural detail.

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