Michael Noland
- Democratic
Primary
Amends the Property Tax Code. In a Section concerning the Senior Citizens Assessment Freeze Homestead Exemption, provides that the total property tax liability of any property receiving an exemption under that Section may not exceed the total property tax liability for that property in the immediately preceding taxable year, increased by the lesser of (i) the percentage increase, if any, in the total equalized assessed value all taxable property in the county over the immediately preceding taxable year, or (ii) one-half of the percentage change in the Consumer Price Index during the immediately preceding taxable year. Effective immediately.
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Session Sine Die
Rule 3-9(a) / Re-referred to Assignments
Reported Back To Revenue; 003-000-000
Rule 2-10 Committee/3rd Reading Deadline Established As May 1, 2014
Rule 2-10 Committee Deadline Established As April 11, 2014
To Subcommittee on Property Tax
Assigned to Revenue
Filed with Secretary by Sen. Michael Noland
Referred to Assignments
First Reading
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