PROP TX-SENIOR FREEZE

Session: 104th General Assembly
Year: 2025
Bill #: SB1643
Category: Revenue
Position: Oppose
Mandate?
Revenue Loss? Yes
Authority Preemption?

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Summary as Introduced

Amends the Property Tax Code. Provides that, beginning in taxable year 2025, the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption shall be increased each year by the percentage increase, if any, in the Consumer Price Index. Effective immediately.



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