SF0110SS001

This amendment extends the residency requirement for the owner-occupied primary residence tax definition, changes the claim submission deadline from May to March 1, and delays the effective date of the bill by one year.

• Increases the minimum residency period for a property to qualify as an owner-occupied primary residence from six months to eight months of the applicable tax year. (Page 3, line 6)
• Changes the deadline for submitting claims for the residential real property school tax exemption from the fourth Monday in May to March 1 of each year. (Page 5, lines 1-2)
• Delays the applicability date of the act from the tax year beginning January 1, 2027 to the tax year beginning January 1, 2028. (Page 5, line 10)

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