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Senate Bill 372

Enrolled Senate Bill (S)

DIGEST

Standard deduction for homesteads. Provides that after December 31, 2015, if more than one individual or entity qualifies property as a homestead for an assessment date, only one standard deduction from the assessed value of the homestead may be applied for the assessment date. Standard deduction for homesteads. Provides that after December 31, 2015, if more than one individual or entity qualifies property as a homestead for an assessment date, only one standard deduction from the assessed value of the homestead may be applied for the assessment date.