Relating to an exemption from property taxes for the homesteads of seniors; and prescribing an effective date.
Catchline/Summary:
Allows a partial exemption of ad valorem property taxes due on the owner-occupied principal dwelling of an individual who is at least 65 years of age and the individual's surviving spouse regardless of age. Digest: The Act would grant a partial tax exemption for the home of a senior or the senior's surviving spouse. (Flesch Readability Score: 62.8).
Allows a partial exemption of ad valorem property taxes due on the owner-occupied principal dwelling of an individual who is at least 65 years of age and the individual's surviving spouse regardless of age.
Takes effect on the 91st day following adjournment sine die.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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HB 3249 House Committee On Revenue
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