HB402 - Palmetto, City of; ad valorem taxes; certain residents; provide homestead exemption
HB402 - Palmetto, City of; ad valorem taxes; certain residents; provide homestead exemption
Sponsored by: Beasley-Teague,Sharon 65th
A BILL to be entitled an Act to provide for a homestead exemption from City of Palmetto ad valorem taxes for municipal purposes in the amount of $25,000.00 of the assessed value of the homestead for residents of that city who are 65 years of age or over; to specify the terms and conditions of the exemption and the procedures relating thereto; to provide for applicability; to provide for a referendum, effective dates, and automatic repeal; to provide for duties and responsibilities of the election superintendent of the City of Palmetto; to repeal conflicting laws; and for other purposes.