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Senate Bill 0059
ARCHIVE (2004)
Latest Information
| | DIGEST OF INTRODUCED BILL
Tax credits. Provides that the homestead credit and the property tax replacement credit do not apply to taxes on the part of the assessed value of a homestead that is over $300,000. Establishes an income tax credit for an individual in a specified income range for the lesser of $375 or the amount by which the property taxes on the individual's homestead exceed a percentage of the individual's adjusted gross income. |
Current Status:
| | In Committee - first House |
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