SF0069H3010

This amendment removes all previous amendments to the bill and modifies the homeowner property tax exemption to apply only to the single family residential structure, excluding the associated improved land from the exemption calculation.

• Deletes twelve previous amendments (SF0069H2001/ACE through SF0069H3009/AE) entirely. (Lines 1-12)
• Removes 'and the associated improved land' from the definition of exempt property in the homeowner tax exemption provision, so the exemption applies only to the single family residential structure itself. (Page 1, line 16)
• Removes 'and the' from the exemption calculation, modifying how the 25% exemption amount is computed. (Page 2, line 6)
• Removes 'associated improved land' from the exemption calculation, further limiting the exemption to apply only to the structure's value, not the land value. (Page 2, line 7)
• Removes 'and associated improved land' from the fair market value cap provision, so the $2,000,000 exemption cap applies only to the single family residential structure value. (Page 2, line 10)

AI-generated summary · Verify against the amendment text (PDF) · Notice a problem? Let us know