Creates a Real Estate Property Tax Relief Task Force to determine the source of problems with the current system of property taxation, who is most negatively affected, and how they are negatively affected, compare the state to the rest of the nation, explore constitutional amendments, develop methods to ensure municipalities use property tax relief for intended purposes, assess changes to valuation processes and support, develop targeted support for long-term property owners, explore the use of the state’s cash pool for property tax relief, and examine potential impacts of federal funding changes on the state’s property tax system; requires a report.