Modifies provisions relating to property taxes

SB 1162 is a procedural bill with an abstract stating it "Modifies provisions relating to property taxes." The bill is currently in early stages (prefiled December 2025, first reading scheduled January 2026), and the provided context lacks specific details about the modifications, affected groups, or key mechanisms. Without concrete provisions or policy changes described in the abstract, a substantive summary cannot be generated. This bill appears to be a placeholder for future legislative action on property tax rules.