Staff Analysis of the Legislation
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05.14.2014 The House Ways and Means committee gave this bill a favorable report as amended by the subcommittee. 03.19.2013 The Senate Finance committee gave this bill a favorable report with an amendment. The amendment changes the date to tax year 2013. 03.05.2013 The Senate Finance Property Taxation subcommittee gave this bill a favorable report with an amendment. The amendment requires both state and federal tax returns. Summary of the bill as introduced: Allows the owner-occupant of residential property to receive the four percent assessment ratio if the owner is otherwise qualified and the residence is not rented for more than 100 days a year. |