Substitute for Raised H.B. No. 5516
Session Year 2024
 


AN ACT CONCERNING A MUNICIPAL OPTION FOR A HOMESTEAD PROPERTY TAX EXEMPTION.

To exempt a percentage of the assessed value of certain owner-occupied dwellings from property tax and require the assessors of certain municipalities to submit a report of programmatic and legislative changes to implement the homestead property tax exemption.

Introduced by:
Finance, Revenue and Bonding Committee

 New today  2-4 days old  5 days & older

Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 4/18/2024(LCO)File Number 565
 4/18/2024House Calendar Number 385
 4/18/2024Favorable Report, Tabled for the Calendar, House
 4/18/2024(LCO)Reported Out of Legislative Commissioners' Office
 4/12/2024(LCO)Referred to Office of Legislative Research and Office of Fiscal Analysis 04/17/24 5:00 PM
 4/4/2024(LCO)Filed with Legislative Commissioners' Office
 4/3/2024(FIN)Joint Favorable Substitute
 3/28/2024Public Hearing 04/01
 3/26/2024Referred to Joint Committee on Finance, Revenue and Bonding

Co-sponsors of HB-5516

Rep. Eleni Kavros DeGraw, 17th Dist.
Sen. Tony Hwang, 28th Dist.
Sen. Saud Anwar, 3rd Dist.

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