Relating to a specially assessed value for the residences of seniors; prescribing an effective date.
Catchline/Summary:
Allows counties to adopt an ordinance or resolution that provides, for purposes of ad valorem property taxation, a specially assessed value for the owner-occupied primary residences of individuals who are at least 62 years of age. Digest: The Act would let counties opt to grant a specially assessed property tax value for the homes of people who are at least 62 years old. (Flesch Readability Score: 66.5).
Allows counties to adopt an ordinance or resolution that provides, for purposes of ad valorem property taxation, a specially assessed value for the owner-occupied primary residences of individuals who are at least 62 years of age.
Takes effect on the 91st day following adjournment sine die.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
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HB 3163 House Committee On Revenue
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