Last Action:
02/12/2007 H Referred to Ways & Means
Council Document:
80R 2513 EJI-D
Caption Version:
Introduced
Caption Text:
Relating to increasing the amount of the residence homestead exemption from ad valorem taxation for public school purposes to $45,000, adjusting the limitation on the total amount of ad valorem taxes that may be imposed for those purposes on the homesteads of the elderly or disabled to reflect the increased exemption amount, and protecting school districts against the resulting loss in local revenue.
Author:
Herrero
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 42.
House Committee:
House Committee Status:
In committee
