Last Action:
02/12/2007 H Referred to Ways & Means
Council Document:
80R 1621 SMH-D
Caption Version:
Introduced
Caption Text:
Relating to increasing the amount of the residence homestead exemption from ad valorem taxation by a school district to $45,000, providing for a reduction of the limitation on the total amount of ad valorem taxes that may be imposed by a school district on the homesteads of the elderly or disabled to reflect the increased exemption amount and any reduction in the school district's ad valorem tax rate, and protecting school districts against the resulting loss in local revenue.
Author:
Leibowitz
Subjects:
Aging (I0015)
Disabilities, Persons with (I0380)
Property Interests--Homestead (I0616)
Taxation--Property-Exemptions (I0793)
Taxation--School District (I0785)
Enabling Information:
Enabling legislation for HJR 55.
House Committee:
House Committee Status:
In committee