(at the request of Senate Interim Committee on Finance and Revenue)
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Bill Title:
Relating to a property tax credit for the homestead of residents on active military duty; prescribing an effective date.
Catchline/Summary:
Provides for a property tax credit against the ad valorem taxes imposed on the homestead of a resident serving on active military duty. Digest: The Act would create a property tax credit for the home of a person who is on active military duty. The Act would phase out the current partial exemption for such homes. (Flesch Readability Score: 61.6).
Provides for a property tax credit against the ad valorem taxes imposed on the homestead of a resident serving on active military duty. Phases out the current partial exemption for such homesteads.
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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