SF0069H3018

This amendment reduces the homeowner property tax exemption from 25% to 15%, with a provision to maintain 25% in counties that experienced average property tax increases of 25% or more from 2020 to 2024.

• Changes the homeowner property tax exemption percentage from fifty percent (50%) to fifteen percent (15%), except in counties where the average property tax increase from 2020 to 2024 was twenty-five percent (25%) or more, in which case the exemption remains at twenty-five percent (25%). (Page 2, line 5)
• Applies the same exemption percentage adjustment to the Lien third reading amendment (SF0069H3012/AE), changing from twenty-five percent (25%) to fifteen percent (15%), with the same exception for high-growth counties. (Page 2, lines 10-12)

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