2011 Senate Bill 33

Allow homestead property tax exemption for inherited residence

Introduced in the Senate

Jan. 19, 2011

Introduced by Sen. Goeff Hansen (R-34)

To allow an individual who has inherited a dwelling and makes it his or her principle residence, and who also has an exemption on his or her previous residence, to claim the Proposal A principle residence (homestead) tax exemption on both properties for up to three years, or until the previous residence is sold, whichever comes first (but only if the previous residence remains vacant).

Referred to the Committee on Finance