Property Tax Exemptions (Watch)

Property Tax Exemptions (Watch)

HB 727 (Grall) and SB 934 (Hukill) increase the property tax exemption, from $500 to $5,000, for homesteaded residents who are widows, widowers, blind, or totally and permanently disabled. The bills have an estimated negative fiscal impact on municipalities of $5.47 million per year. (Hughes)