PROP TX-SENIOR FREEZE

Session: 103rd General Assembly
Year: 2023
Bill #: SB2318
Category: Revenue
Position: Oppose
Mandate? Yes
Revenue Loss? Yes
Authority Preemption? Yes

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Amends the Property Tax Code. Provides that, beginning in taxable year 2024, 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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