SF0069SW003

Adopted

Sponsor:

Chamber: Senate

Stage: Committee of the Whole

What does this amendment do?

This amendment reduces the cap on the homeowner property tax exemption from two million dollars to one million dollars.

Reduces the maximum fair market value threshold for the homeowner tax exemption from $2,000,000 to $1,000,000. The 25% exemption will now only apply to properties valued up to $1,000,000 instead of $2,000,000. (Page 2, lines 10-11)

Roll Call Votes (0)

No roll call votes recorded for this amendment.