2016 House Bill 5489

Repeal homestead value cap in income tax credit

Introduced in the House

March 17, 2016

Introduced by Rep. Brandt Iden (R-61)

To repeal an assessed value cap on the state income tax credit that a homeowner can claim. The “homestead credit” is based on the amount of property tax paid on a person’s principle residence.

Referred to the Committee on Tax Policy