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Joint Resolution 0008


Joint Resolution 0008

ARCHIVE (2009)

Latest Information

 

DIGEST OF INTRODUCED BILL


Constitutional amendment on circuit breaker. For property taxes first due and payable in 2012 and thereafter, requires the general assembly to limit a taxpayer's property tax liability on homestead property to an amount that does not exceed 1% of the gross assessed value of the homestead property. Indicates that a homestead includes certain trust, cooperative housing, and personal property. This proposed amendment has not been previously agreed to by general assembly.
    Current Status:
     In Committee - first House
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