Bill Summary

SB 1016 Increased Homestead Property Exemptions (2025 Session)
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Sponsors
by Ingoglia
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Summary
Increased Homestead Property Exemptions; Proposing an amendment to the State Constitution to increase the homestead exemption from $25,000 to $75,000, for all levies, with annual adjustments for inflation, deleting the exemption for school district levies, etc.
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committees of reference
» S Community Affairs
   S Finance and Tax
   S Appropriations
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Actions
02/24/25
SENATE
Filed
03/03/25
SENATE
Referred to Community Affairs; Finance and Tax; Appropriations
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bill text & filed amendments
1016
Filed on 02/24/25
PDF
No amendments to this bill text filed.
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Statute Citations
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