2014 House Bill 5733

Allow homestead property tax exemption for inherited residence

Introduced in the House

Aug. 27, 2014

Introduced by Rep. Mike Shirkey (R-65)

To allow an individual who has inherited a dwelling that was the decedent’s principle residence, and who also has an principle residence property tax exemption on his or her current home, to claim the Proposal A principle residence (homestead) tax exemption on both properties for up to three years, or until the inherited residence is sold or leased.

Referred to the Committee on Tax Policy