HB 3163

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.

Bill Text

• Introduced

Allows counties to adopt ordinances providing a specially assessed property tax value for owner-occupied primary residences of individuals at least 62 years of age.

Original Bill Text

Sponsors#

Chief Sponsors: Jami Cate

Overview#

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.

Public Testimony

Legislative History