Bill Title: Empowers a county or a city with a population of one million or more to provide for deferment of real property taxes owed by persons 65 years of age or older by local law; sets forth procedures for deferment, financing taxes deferred and insuring against loss; provides such tax deferment lien shall be cumulative and shall come due upon sale or conveyance, death of the owner(s) or foreclosure of a security interest in the property.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Introduced - Dead) 2010-03-29 - REFERRED TO AGING [S07307 Detail]

Text: Latest bill text (Introduced) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Jose Peralta [D]	Sponsor	Sponsored Bills	SD-013	FollowTheMoney	Ballotpedia	VoteSmart
Senator Liz Krueger [D]	Sponsor	Sponsored Bills	SD-028	FollowTheMoney	Ballotpedia	VoteSmart
Senator George Onorato [D]	Sponsor	Sponsored Bills	SD-012	FollowTheMoney	Ballotpedia	VoteSmart

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