Sen. Laura M. Murphy

Filed: 2/27/2018





10000SB2431sam001LRB100 16736 HLH 36592 a


2    AMENDMENT NO. ______. Amend Senate Bill 2431 on page 4,
3immediately below line 2, by inserting the following:
4    "(e-5) When any change occurs in use or ownership of
5property that has been granted a homestead exemption under this
6Section, the transferee shall notify the chief county
7assessment officer of the change in writing within 90 days
8after the change in use or ownership occurs. The chief county
9assessment officer shall ensure that, if the property ceases to
10qualify for the exemption under this Section as a result of the
11change in use or ownership, then the exemption shall be removed
12beginning with the next taxable year after the change occurs.".