An Act To Eliminate Senior Citizen Property Tax Stabilization And Expand The Homestead Property Tax Exemption

AI Summary

The bill aims to eliminate the Senior Citizen Property Tax Stabilization program and expand the Homestead Property Tax Exemption. This change would likely impact senior citizens who currently benefit from the stabilization program while providing broader property tax relief through an expanded exemption for all eligible homeowners. The bill's main provisions focus on redistributing property tax benefits by phasing out one program and enhancing another, potentially affecting how property taxes are managed and distributed among different homeowner groups.

• 2023-01-10: Committee on TAXATION suggested and ordered printed REFERENCE to the Committee on TAXATION Ordered sent down forthwith for concurrence

• 2023-01-10: The Bill was REFERRED to the Committee on TAXATION.

• 2023-01-10: In concurrence. ORDERED SENT FORTHWITH.

• 2023-03-30: CARRIED OVER, in the same posture, to a subsequent special or regular session of the 131st Legislature, pursuant to Joint Order SP 594.

• 2023-04-04: Work Session Held: TABLED

• 2023-04-27: Work Session Held: TABLED

• 2023-06-01: Work Session Held

• 2023-06-01: Voted: Divided Report

• 2023-06-22: Reported Out: OTP-AM/OTP-AM

• 2023-06-23: Reports READ

• 2023-06-23: On motion by Senator GROHOSKI of Hancock Tabled until Later in Today's Session, pending ACCEPTANCE OF EITHER REPORT

• 2023-06-23: Unfinished Business

• 2023-06-27: Unfinished Business

• 2023-07-06: Unfinished Business

• 2023-07-26: In possession of the Senate when the Legislature adjourned Sine Die and was placed in the Legislative Files. (DEAD)