2020 Senate Bill 808

Revise homestead tax credit home value cap

Introduced in the Senate

March 3, 2020

Introduced by Sen. Pete Lucido (R-8)

To revise the law that places a home-value cap on eligibility for a homestead property tax credit against the state income tax. Under current law the cap will be indexed to inflation starting in 2021, and the bill would instead start doing this in 2020.

Referred to the Committee on Finance