KOSEL, MITCHELL AND BIGGERT.
PROP TX-SR CIT ASSESS-INCOME
Synopsis of Bill as introduced:
Amends the Senior Citizens Assessment Freeze Homestead Exemption
in the Property Tax Code. Provides that in taxable year 1998 and
thereafter the qualifying individual shall have an income of $40,000
or less (now $35,000 or less). Provides that beginning January 1,
1999 the household income limitation for the exemption shall be
subject to annual adjustments equal to the percentage of increase in
the previous year for the Consumer Price Index for All Urban Consumers
for all items published by the United States Department of Labor.
Last action on Bill: SESSION SINE DIE
Last action date: 99-01-12
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status