Bill Status of HB1219 103rd General Assembly
Short Description: PROP TAX-SR FREEZE-MEDICARE
Rep. Kevin Schmidt
Statutes Amended In Order of Appearance
Synopsis As Introduced
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.