2001 Senate Bill 352

Introduced in the Senate

March 21, 2001

Introduced by Sen. Leon Stille (R-32)

To require that the replacement homestead of a person whose original homestead was condemned through eminent domain shall be assessed based on a capped taxable value formula equivalent to the original homestead. (In other words, the person whose property was taken won’t lose the advantage of a capped taxable value).

Referred to the Committee on Finance