02.18.2014 The Senate Finance committee gaave this bill a favorable report as amended by the subcommittee.
02.06.2014 The Senate Finance Property Taxation subcommittee gave this bill a favorable report with an amendment. The amendment changes the effective date from 2012 to 2013.
04.17.2013 The House Ways and Means committee gave this bill a favorable report.
04.16.2013 The House Ways and Means Property Tax subcommittee gave this bill a favorable report with an amendment. The amendment conforms the bill to the Senate version S301.
Summary of the bill as introduced: Allows an active duty member of the US Armed Forces to claim the four percent assessment ratio on property regardless of the owner's relocation and regardless of any rental income. This bill also allows members to claim the four percent assessment ratio on two residences as long as the owner is trying the sell the first residence within 30 days of buying the second residence.