Bill Summary

SB 976 Reduction of Assessed Value (2024 Session)
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Sponsors
by Perry
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Summary
Reduction of Assessed Value; Proposing amendments to the State Constitution to allow counties to reduce the assessed value of a homestead property for the portions of such property used as living quarters for the property owner’s parent or grandparent who is 62 years of age or older and to remove current provisions limiting the exemption to increases in assessments resulting from construction or reconstruction of such living quarters and limiting the amount of such exemption, etc.
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committees of reference
   S Community Affairs
» S Finance and Tax
   S Appropriations
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Actions
12/18/23
SENATE
Filed
01/04/24
SENATE
Referred to Community Affairs; Finance and Tax; Appropriations
01/17/24
SENATE
On Committee agenda - Community Affairs, 01/22/24, 4:00 pm, 401 S
01/22/24
SENATE
Favorable by Community Affairs; 8 Yeas, 0 Nays
01/23/24
SENATE
Now in Finance and Tax
03/08/24
SENATE
Died in Finance and Tax
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bill text & filed amendments
0976
Filed on 12/18/23
PDF
No amendments to this bill text filed.
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Statute Citations
There are no statute citations.
Research & Reports
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