Bill Status of HB5767 97th General Assembly
Short Description: PROP TX-SENIOR FREEZE
Rep. Paul Evans - Dwight Kay - John D. Cavaletto - Mike Bost - Sidney H. Mathias, Renée Kosel and Michael P. McAuliffe
| 1/8/2013||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Property Tax Code. Beginning in taxable year 2012, increases the maximum income limitation under the Senior Citizens Assessment Freeze Homestead Exemption from $55,000 to $75,000 for applicants who have occupied the residence for 5 years or more. Indexes the maximum income limitation to the Consumer Price Index. Effective immediately.