Last Action:
02/22/2007 H Referred to Ways & Means
Council Document:
80R 2916 EJI-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 an adjustment 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 changes in the school district's ad valorem tax rate, and protecting school districts against the resulting loss in local revenue.
Author:
Hopson | Farabee | Frost
Subjects:
Property Interests--Homestead (I0616)
Taxation--Property-Exemptions (I0793)
Taxation--School District (I0785)
Enabling Information:
Enabling legislation for HJR 65.
House Committee:
House Committee Status:
In committee
