HB0169H3005

This amendment reduces the homeowner tax exemption percentage from 50% to 0% of fair market value and increases the maximum appropriation limit from $100,000,000 to $270,000,000.

• Removes the 50% exemption percentage, effectively eliminating the exemption of half the fair market value of residential property. (Page 3, lines 11-12)
• Removes the 50% compensation requirement for government entities, changing how revenue reductions are addressed. (Page 4, line 1)
• Increases the maximum appropriation limit from the legislative stabilization reserve account from $100,000,000 to $270,000,000. (Page 4, lines 6-14)

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