Revenue and taxation; statewide homestead exemption from ad valorem taxes when current year assessed value exceeds the inflation rate; provide
Property tax provisions modified, and identification requirements for homestead determination modified.
Audits and Accounts, Department of; revise deadlines, selection criteria, and required contents for certain annual economic analyses
Ad Valorem Taxation of Property; setting of millage rates; revise provisions
Homestead credit refund advanced credit process for seniors establishment, credit established, and appropriation
Property tax provisions modified, process for seniors to receive an advance credit of homestead credit refund established, and advance credit established.
Advanced homestead credit refund for seniors process and credit establishment provision
A bill for an act relating to local government property taxes, financial authority, operations, and budgets, modifying certain transit funding, property tax credits and exemptions, and appropriations, requiring certain information related to property taxation to be provided to property owners and taxpayers, modifying provisions relating to fees for driver's licenses and nonoperator's identification cards, modifying provisions relating to certain writing fees, making penalties applicable, and including effective date, retroactive applicability, and applicability provisions. (Formerly SSB 1218.)