2015 House Bill 5141

Revise principle residence property tax credit detail

Introduced in the House

Dec. 9, 2015

Introduced by Rep. Peter Pettalia (R-106)

To extend the Proposal A “homestead property tax” credit that exempts an individual’s principle residence from local school operating taxes (usually 18 mills) so that it also applies if the form of home ownership is a trust with the home occupant a the trust’s beneficiary.

Referred to the Committee on Tax Policy