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HB23B-1007

Increase 2023 Homestead Property Tax Exemptions

Type Bill
Session 2023 Extraordinary Session
Subjects
Fiscal Policy & Taxes Local Government State Revenue & Budget

Concerning the provision of property tax relief for the 2023 property tax year through a one-year increase in the maximum amount of existing homestead property tax exemptions, and, in connection therewith, increasing by a specified amount the maximum amount of actual value of the owner-occupied primary residence of a qualifying senior, veteran with a disability, or surviving spouse of such a veteran of which fifty percent is exempt.

Bill Summary:

For the 2023 property tax year, the bill increases the maximum amount of actual value of the owner-occupied residence of a qualifying senior, veteran with a disability, or surviving spouse of a veteran with a disability that is exempt from property taxation from $200,000 to $325,000.


(Note: This summary applies to this bill as introduced.)

Status

Lost

Introduced

Lost

Related Documents & Information

Date Version Documents
11/17/2023 Introduced PDF
Date Version Documents
11/29/2023 FN2 PDF
11/17/2023 FN1 PDF
Activity Vote Documents
Refer House Bill 23B-1007 to the Committee on Appropriations. The motion failed on a vote of 3-7. Vote summary
Postpone House Bill 23B-1007 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. The motion passed on a vote of 7-3. Vote summary
Date Location Action
11/17/2023 House House Committee on State, Civic, Military, & Veterans Affairs Postpone Indefinitely
11/17/2023 House Introduced In House - Assigned to State, Civic, Military, & Veterans Affairs