90th General Assembly
Summary of HB2545
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House Sponsors:
JONES,JOHN-LAWFER-BOST-POE-LINDNER, KLINGLER, 
   KOSEL, MITCHELL AND BIGGERT.

Short description: 
PROP TX-SR CIT ASSESS-INCOME                                               

Synopsis of Bill as introduced:
        Amends the Senior Citizens Assessment Freeze Homestead  Exemption      
   in  the  Property  Tax  Code.   Provides that in taxable year 1998 and      
   thereafter the qualifying individual shall have an income  of  $40,000      
   or  less  (now  $35,000  or less).  Provides that beginning January 1,      
   1999 the household  income  limitation  for  the  exemption  shall  be      
   subject  to  annual adjustments equal to the percentage of increase in      
   the previous year for the Consumer Price Index for All Urban Consumers      
   for all items published by the United States Department of Labor.           
 
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