Modifies provisions relating to notifications for increased property assessments

SB 787 is a procedural bill that modifies notification requirements for property assessments that increase in value. It directly affects property owners who receive annual tax notices from local governments. The bill's current abstract states it changes "provisions relating to notifications" but does not specify the exact changes or mechanisms. As the bill is in early stages (first read on February 26, 2025), no concrete policy details or specific provisions have been described in the available context.