House Sponsors: FANTIN. Senate Sponsors: PETERSON Short description: PROP TX-PTEL-NEW PROPERTY Synopsis of Bill as introduced: Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that any increase in assessed value resulting from the loss of the Senior Citizens Homestead Exemption or the Senior Citizens Assessment Freeze Homestead Exemption shall be included in determining "new property". Effective January 1, 1998. STATE MANDATES FISCAL NOTE In the opinion of DCCA, HB1427 fails to create a State mandate under the State Mandates Act. FISCAL NOTE (Dept. of Revenue) There will be no fiscal impact on this Dept. HOME RULE NOTE HB 1427 does not afffect home rule powers and functions, nor does it preempt home rule. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status