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2007 SESSION

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SJ 354 Constitutional amendment; exempts certain homeowners from taxation (first reference).

Introduced by: Nick Rerras | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED SENATE: (all summaries)

Constitutional amendment (first resolution); property exempt from taxation.  Authorizes the General Assembly to enact legislation that will allow localities by ordinance to exempt from real property taxes, or defer real property taxes on, up to 20 percent of the value of residential or farm property that is the owner- occupant's primary dwelling and lived in continuously. This resolution incorporates SJRs 362, 371, 386, 398, 425 and 443.


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