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HB575 - Santa Claus, City of; ad valorem tax; provide homestead exemption

Filed under: Legislation, New Legislation — February 23, 2007 @ 7:09 am

HB575 - Santa Claus, City of; ad valorem tax; provide homestead exemption
Sponsored by: Morris,Greg 155th

A BILL to be entitled an Act to provide for a homestead exemption from City of Santa Claus ad valorem taxes for municipal purposes in an amount equal to the amount by which the current year assessed value of a homestead exceeds the base year assessed value of such homestead; to provide for definitions; 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 repeal conflicting laws; and for other purposes.

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