HB1253 creates a property tax relief program for seniors age 70 and older and disabled property owners by freezing their home assessments at a baseline year value and limiting future increases to a calculation based on the appreciation rate from their baseline year. Surviving spouses of eligible seniors can also receive this benefit using the same baseline year their deceased spouse would have used. This reduces property tax bills for qualifying seniors by preventing their assessments from rising as much as other homeowners' assessments do.
Taxation Deferred to the 41st legislative day Passed, YEAS 4, NAYS 3. S.J. 1
Taxation Do Pass Amended Failed, YEAS 3, NAYS 4. S.J. 1
Taxation Motion to amend S.J. 1
Taxation Scheduled for hearing
First read in Senate and referred to Senate Taxation S.J. 193
House of Representatives Do Pass Amended Passed, YEAS 45, NAYS 19. H.J. 215
House of Representatives Motion to amend H.J. 215
Taxation Do Pass Passed, YEAS 11, NAYS 1. H.J. 1
Taxation Scheduled for hearing H.J. 1
House of Representatives Referred to House Taxation H.J. 156
First Reading House H.J. 139
Jessica Castleberry
Prime sponsor · Sen.
R
Kirk Chaffee
Prime sponsor · Rep.
R
Cosponsors
Taxation — Do Pass Amended
Taxation — Deferred to the 41st legislative day
Do Pass Amended
Taxation — Do Pass