Natalie Toro
- Democratic
- Senator
- District 20
Primary
Amends the Property Tax Code. Provides that, for the purpose of calculating the long-time occupant homestead exemption, the adjusted homestead value shall be calculated by increasing the base homestead value by (i) 5% (currently, 10%) for qualified taxpayers with a household income of more than $75,000 but not exceeding $100,000 or (ii) 3% (currently, 7%) for qualified taxpayers with a household income of $75,000 or less. Effective immediately.
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Rule 3-9(a) / Re-referred to Assignments
Rule 2-10 Committee Deadline Established As May 3, 2024
Rule 2-10 Committee Deadline Established As April 5, 2024
Assigned to Revenue
Filed with Secretary by Sen. Natalie Toro
Referred to Assignments
First Reading
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