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 or leased, whichever comes first (but only if the previous residence remains vacant).
93 Yeas / 11 Nays | |
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Excused or Not Voting (6) | |
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