SB 978: Reduction of Assessed Value
GENERAL BILL by Perry
Reduction of Assessed Value; Revising the requirements for property owners to receive a reduction in assessed value of certain homestead properties; revising the maximum value of such reduction; specifying the method for assessing property when conditions are no longer met to receive such reduction, etc.
Effective Date: On the effective date of the amendment to the State Constitution proposed by SJR 976 or a similar joint resolution having substantially the same specific intent and purpose, if such amendment to the State Constitution is approved at the next general election or at an earlier special election specifically authorized by law for that purpose
Last Action: 3/8/2024 Senate - Died in Finance and Tax
Bill Text: Web Page | PDF
Last Action: 3/8/2024 Senate - Died in Finance and Tax
Bill Text: Web Page | PDF
Senate Committee References:
- Community Affairs (CA)
- Finance and Tax (FT)
- Appropriations (AP)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 12/18/2023 | Senate |
• Filed |
| 1/4/2024 | Senate |
• Referred to Community Affairs; Finance and Tax; Appropriations |
| 1/9/2024 | Senate |
• Introduced |
| 1/17/2024 | Senate |
• On Committee agenda-- Community Affairs, 01/22/24, 4:00 pm, 401 Senate Building |
| 1/22/2024 | Senate |
• Favorable by Community Affairs; YEAS 8 NAYS 0 |
| 1/23/2024 | Senate |
• Now in Finance and Tax |
| 3/8/2024 | Senate |
• Died in Finance and Tax |
