Introduced
by
To authorize local governments to exempt new construction on homestead property (room additions on private homes) from property tax payments for up to five years.
Referred to the Committee on Tax Policy
Reported without amendment
With the recommendation that the substitute (H-4) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that would narrow the scope of the bill by limiting the exemption to the addition of actual “living area” not more than 50 percent of the size a home under 3,000 square feet, and 25 percent of the size a home larger than 3,000 square feet. The substitute also requires the homestead to have been a homestead for at least a year before the addition.
The substitute passed by voice vote
Amendment offered
by
To allow local governments to extend the exemption only in specific areas of their jurisdiction, rather than throughout the entire jusisdiction.
The amendment passed by voice vote
Amendment offered
by
To revise a technical term used in the bill so the language of the amended law is internally consistent.
The amendment passed by voice vote
Amendment offered
by
The amendment passed by voice vote
Passed in the House 88 to 16 (details)
To authorize local governments to exempt new construction on homestead property (room additions on private homes) from property tax payments for up to five years. If a local government allowed it, the exemption would apply to the addition of actual “living area” not more than 50 percent of the size a home under 3,000 square feet, and 25 percent of the size a home larger than 3,000 square feet.
Referred to the Committee on Finance
