90th General Assembly
Summary of HB1427
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House Sponsors:

Senate Sponsors:

Short description: 
PROP TX-PTEL-NEW PROPERTY                                                  

Synopsis of Bill as introduced:
        Amends the Property Tax Extension Limitation Law in the  Property      
   Tax Code.  Provides that any increase in assessed value resulting from      
   the  loss  of  the  Senior  Citizens Homestead Exemption or the Senior      
   Citizens Assessment Freeze Homestead Exemption shall  be  included  in      
   determining "new property".  Effective January 1, 1998.                     
          STATE MANDATES FISCAL NOTE                                           
          In the opinion of DCCA, HB1427 fails to create a State mandate       
          under the State Mandates Act.                                        
          FISCAL NOTE (Dept. of Revenue)                                       
          There will be no fiscal impact on this Dept.                         
          HOME RULE NOTE                                                       
          HB 1427 does not afffect home rule powers and functions, nor         
          does it preempt home rule.                                           
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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