To change the deadline for applying for a homestead property tax exemption on a new home from May 1 to June 1 for the next summer tax levy, or November 1 for the next winter tax levy (plus all subsequent tax bills). Under current law, if an owner has not filed the principal residence (homestead) property tax exemption by May 1, then the exemption does not apply until the following year. The bill would also revise the distribution of property taxes on foreclosed property.
| 109 Yeas / 1 Nay | |
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