PROP TX-SENIOR EXEMPTION

Session: 104th General Assembly
Year: 2025
Bill #: HB3723
Category: Revenue
Position: Oppose
Mandate? Yes
Revenue Loss? Yes
Authority Preemption?

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Summary as Introduced

Amends the Property Tax Code. Provides that the total property tax bill for any property receiving the senior citizens homestead exemption may not exceed 101% of the tax bill for the immediately preceding taxable year.



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