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S00852Introduced in the Senate

Enacts the "homebuyer renovation property tax exemption act" to grant an exemption of up to fifteen thousand dollars from taxation levied by or on behalf of any county, city, town, village or school district in which such residential property is located for a period of five years from the date of purchase of the property; defines "primary residential property".

IntroducedSenate Finance

Introduced by Pamela Helming, District 54

What does this bill do?

Plain-English breakdown

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Official description

Enacts the "homebuyer renovation property tax exemption act" to grant an exemption of up to fifteen thousand dollars from taxation levied by or on behalf of any county, city, town, village or school district in which such residential property is located for a period of five years from the date of purchase of the property; defines "primary residential property".

Where it stands

REPORTED AND COMMITTED TO FINANCE

April 20, 2026

How did lawmakers vote?

SenateStage: Senate Housing, Construction And Community Development Committee Vote · April 20, 2026

11

Yes

0

No

0

Absent or Not Voting

11 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

Citizen Voice

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Bill history

  1. REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

  2. REPORTED AND COMMITTED TO FINANCE

  3. REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

  4. REPORTED AND COMMITTED TO FINANCE

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