S0274Introduced in the Senate
Homestead Property Tax Benefits for Long-term Owners
Introduced by Mackenson Bernard, District 24
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Proposing amendments to the State Constitution to provide that the assessed value of homestead property may not increase after 20 years of ownership and residency, to provide an additional homestead tax exemption equal to 50 percent of the assessed value of property, other than school district levies, for persons who have owned and resided on the property as their permanent residence for 30 years or more, and to provide an effective date, etc.
Where it stands
Died in Finance and Tax
March 13, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Filed
Referred to Finance and Tax; Appropriations; Rules
Introduced
Died in Finance and Tax
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