PROP TX-SENIOR FREEZE-INCOME

Session: 103rd General Assembly
Year: 2023
Bill #: HB2548
Category: Revenue
Position: Oppose
Mandate?
Revenue Loss? Yes
Authority Preemption?

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Summary as Introduced

Amends the Property Tax Code. Provides that the maximum income limitation under the low-income senior citizens assessment freeze homestead exemption is (i) $65,000 for all qualified property containing an individual household and (ii) $80,000 for all qualified property containing a shared household (currently, $65,000 for all property). Effective immediately.



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