SB2710 - PROP TX-SENIOR FREEZE

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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Mandate? Yes
Position: Under Review
Revenue Loss? Yes
Authority Preemption? Yes