HB632 - Woodstock, City of; ad valorem tax; municipal purposes; provide homestead exemption
HB632 - Woodstock, City of; ad valorem tax; municipal purposes; provide homestead exemption
Sponsored by: Jerguson,Sean 22nd
A BILL to be entitled an Act to provide for a homestead exemption from City of Woodstock ad valorem taxes for municipal purposes in the amount of $100,000.00 of the assessed value of the homestead for residents of that city who are 62 years of age or over; 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.