<Bill Details

SB 1391
Relating to an increase in the amount of the residence homestead exemption from ad valorem taxation by a school district and the increase of the exemption amount in subsequent years to reflect inflation in homestead values, a reduction of the limitation on the total amount of ad valorem taxes that may be imposed by a school district on the homestead of a disabled or elderly person to reflect the increased exemption amounts, and the protection of school districts against the resulting loss in local revenue.
Nathan Johnson, José R. Rodríguez, Royce West, José Menéndez,
Taxation--Property-Exemptions (I0793), Taxation--Property-Tax Rate (I0794), Disabilities, Persons with (I0380), Property Interests--Homestead (I0616), EDUCATION, COMMISSIONER OF (V9954), Taxation--School District (I0785), Education--Primary & Secondary--Finance (I0250), Aging (I0015), State Finances--Management & Control (I0748), COMPTROLLER OF PUBLIC ACCOUNTS (V2608)
Action dates
Action Date
Received by the Secretary of the Senate March 1, 2019, midnight
Filed March 1, 2019, midnight
Co-author authorized March 13, 2019, midnight
Read first time March 14, 2019, midnight
Referred to Property Tax March 14, 2019, midnight
Co-author authorized March 19, 2019, midnight

Last updated: May 28, 2020, 2:18 p.m.