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Senate Bill 0493


Senate Bill 0493

ARCHIVE (2000)

Latest Information

 

DIGEST OF INTRODUCED BILL


Shelter allowance adjustment. Provides that the state board of tax commissioners may by rule provide for a shelter allowance adjustment to the valuation of owner-occupied housing. Provides that a shelter allowance adjustment must ensure that the amount of property wealth attributable to an owner-occupied residence does not include the amount necessary to sustain life at a subsistence level.
    Current Status:
     In Committee - first House
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