A bill to provide for the exemption of certain property from certain taxes; to levy and collect a specific tax on the owners of certain property; to provide for the disposition of the tax; to prescribe the powers and duties of certain state and local governmental officers and entities; and to provide penalties.
Properties owned and occupied as principal residences by senior citizens will be exempt from general property tax collection under this act. However, these properties will be subject to a specific tax under the Senior Citizens Principal Residence Specific Tax Act.
Introduced
by
Referred to the Committee on Tax Policy
