Bill Status of HB4299 94th General Assembly
Short Description: PROP TX-SR HOMESTEAD EXEMPT
Rep. Brent Hassert - James H. Meyer, Timothy L. Schmitz, Patricia R. Bellock, Jim Durkin, Michael Tryon and Terry R. Parke
| 1/9/2007||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Property Tax Code. In a Section concerning the Senior Citizens Homestead Exemption, provides that, for taxable year 2006 and thereafter, the maximum reduction, in all counties, must be increased each year by the lesser of (i) 2% or (ii) an amount equal to the annual rate of increase of the Consumer Price Index for All Urban Consumers for all items published by the United States Department of Labor Bureau of Labor Statistics for the previous calendar year. Effective immediately.