92nd General Assembly
Summary of SB1129
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Status
Senate Sponsors:
LINK-MOLARO-SILVERSTEIN AND HALVORSON.

Short description: 
PROP TX-DISABLED PERSON EXMPTN                                             

Synopsis of Bill as introduced:
        Amends the  Property  Tax  Code.  Creates  the  disabled  persons      
   supplemental homestead exemption. Provides that for taxable years 2001      
   and thereafter, in addition to any other homestead exemption for which      
   property  is eligible, the assessed value of the property eligible for      
   this homestead exemption under this Section shall be  reduced  by  45%      
   after  all  other  exemptions  for which the property is eligible have      
   been subtracted from that value.  To be eligible a person  must (i) be      
   less than 65 years old, (ii) be disabled, and (iii) have  a  household      
   income  of  $30,000  or  less  and  meet  the  other  eligibility  and      
   procedural  requirements  of  the  senior  citizens  assessment freeze      
   homestead exemption besides age and income. Effective immediately.          
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status