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DIGEST OF INTRODUCED BILL
Property tax deduction for seniors. Removes income and assessed value restrictions on the property tax deduction for individuals who are at least 65 years of age. Provides that the amount of the deduction is the greater of: (1) the difference between the assessed value of the property in a particular year and the assessed value of the property in a base year; or (2) the amount of the deduction as it is calculated under current law. Makes conforming amendments.