PROPERTY TAX-SENIOR FREEZE

Session: 103rd General Assembly
Year: 2024
Bill #: HB4420
Category: Revenue
Position: Under Review
Mandate? No
Revenue Loss? Yes
Authority Preemption? Yes

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Summary as Introduced

Amends the Property Tax Code. Provides that, for taxable years 2024 and thereafter, the maximum income limitation for the senior citizens assessment freeze homestead exemption is $75,000 (currently, $65,000) for all qualified property.



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