2015 Senate Bill 648

Revise principle residence property tax credit detail

Introduced in the Senate

Dec. 9, 2015

Introduced by Sen. Tom Casperson (R-38)

To establish that the Proposal A “homestead property tax” credit that exempts an individual’s principle residence from local school operating taxes (usually 18 mills) also applies if the form of home ownership is a trust with the home occupant as the trust’s beneficiary.

Referred to the Committee on Local Government and Municipal Finance

Dec. 10, 2015

Referred to the Committee on Finance