2015 Regular Session
|At the request of:|
|Bill Title:||Relating to property taxes due on the homestead of certain seniors; prescribing an effective date.|
Sets limit on taxes due on homesteads of seniors with federal adjusted gross income not exceeding 150 percent of federal poverty level equal to total amount of taxes due for property tax year preceding first property tax year for which relief allowed.
Abates taxes in excess of limit. Sets limit on taxes that may be collected on homesteads of seniors with federal adjusted gross income greater than 150 percent, but less than 301 percent, of federal poverty level equal to total amount of taxes due for property tax year preceding first property tax year for which relief allowed. Allows deferral, without accrual of interest, of taxes in excess of limit. Takes effect on 91st day following adjournment sine die.
|Fiscal Impact:||May Have Fiscal Impact, But No Statement Yet Issued|
|Revenue Impact:||May Have Revenue Impact, But No Statement Yet Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In House Committee|
|Current Committee:||House Committee On Revenue|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|