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2017 Regular Session
Overview
At the request of: (at the request of Senate Interim Committee on Finance and Revenue)
Chief Sponsors:
Regular Sponsors: (Presession Filed)
Bill Title: Relating to a homestead property tax exemption; prescribing an effective date.
Catchline/Summary: Provides for exemption from ad valorem property taxation of first $10,000 of real market value of homesteads.
Requires Department of Revenue to index exemption amount annually. Takes effect only if Senate Joint Resolution 3 (2017) is approved by people at regular general election held in November 2018. Takes effect on effective date of constitutional amendment proposed by Senate Joint Resolution 3 (2017).
Chapter Number:
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 Senate Committee
Current Committee: Senate Committee On Finance and Revenue
Current Subcommittee:
Subsequent Referral(s):
Measure History
Scheduled Events