HB633 - Woodstock, City of; ad valorem tax; city purposes; provide homestead exemption
HB633 - Woodstock, City of; ad valorem tax; city purposes; provide homestead exemption
Sponsored by: Jerguson,Sean 22nd
A BILL to be entitled an Act to provide a homestead exemption from all City of Woodstock ad valorem taxes for city purposes in the amount of $100,000.00 of the assessed value of the homestead for certain residents of that city who are disabled veterans or their unremarried surviving spouses, if deceased, on a current or subsequent 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.