Last Action:
03/18/2015 S Referred to Finance
Council Document:
84R 7208 SMH-D
Caption Version:
Introduced
Caption Text:
Relating to an increase in the amount of the residence homestead exemption from ad valorem taxation by a school district and the increase of the exemption amount in subsequent years to reflect inflation in homestead values, a reduction of the limitation on the total amount of ad valorem taxes that may be imposed by a school district on the homestead of a disabled or elderly person to reflect the increased exemption amounts, and the protection of school districts against the resulting loss in local revenue.
Author:
Menéndez
Subjects:
Aging (I0015)
Disabilities, Persons with (I0380)
Property Interests--Homestead (I0616)
Taxation--Property-Appraisals & Appraisal Districts (I0792)
Taxation--Property-Exemptions (I0793)
Taxation--School District (I0785)
EDUCATION, COMMISSIONER OF (V9954)
Enabling Information:
Enabling legislation for SJR 46.
Senate Committee:
Senate Committee Status:
In committee
