PROP TAX-SR FREEZE-MEDICARE

Session: 103rd General Assembly
Year: 2023
Bill #: HB1219
Category: Revenue
Position: Under Review
Mandate?
Revenue Loss? Yes
Authority Preemption?

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Amends the Property Tax Code. In a provision concerning the Low-Income Senior Citizens Assessment Freeze Homestead Exemption, provides that, beginning in assessment year 2023, the taxpayer's annual household income for purposes of determining eligibility for the exemption shall be reduced by any amounts paid by the taxpayer as Medicare premiums during the calendar year. Effective immediately.



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