BOST-SOMMER-O'CONNOR-SCHMITZ-KOSEL, LANG, HOLBROOK,
SKINNER, RONEN, GASH, SHARP, HAMOS, DAVIS,MONIQUE,
HOFFMAN, DAVIS,STEVE, KENNER, BOLAND, NOVAK,
HANNIG, BROSNAHAN, CURRY,JULIE AND HULTGREN.
PROP TX-SENIORS FREEZE-62
Synopsis of Bill as introduced:
Amends the Senior Citizens Assessment Freeze Homestead Exemption
in the Property Tax Code. Provides that beginning in taxable year
2000, the exemption shall be available to persons 62 years of age or
older (now 65 years of age or older) and the qualifying individual
shall have an income of $40,000 or less (now, $35,000 or less).
Provides that beginning January 1, 2001 the household income
limitation for the exemption shall be subject to annual adjustments
equal to the percentage of increase in the previous year for the
Consumer Price Index published by the federal Department of Labor.
Last action on Bill: SESSION SINE DIE
Last action date: 01-01-09
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status