Bill Title: Amends existing law to provide that the first $150,000 of the market value for assessment purposes of the homestead or 50 percent of the market value for assessment purposes of the homestead, whichever is the lesser, shall be exempt from property taxation.

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Introduced - Dead) 2012-01-23 - to Loc Gov [S1249 Detail]

Text: Latest bill text (Introduced) [PDF]

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