2006 House Bill 6347

Allow homestead property tax credit for vacant, unsold residence

Introduced in the House

Aug. 16, 2006

Introduced by Rep. Edward Gaffney (R-1)

To allow an individual who has moved into a new principle residence and not yet been able to sell his or her previous residence, to claim the Proposal A principle residence (homestead) tax exemption on both properties for up to three years, or until the previous residence is sold, whichever comes first (but only if the previous residence remains vacant).

Referred to the Committee on Tax Policy