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2005 SESSION

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SB 1042 Real estate tax; localities to increase amount of income on sliding scale for elderly or disabled.

Introduced by: Frederick M. Quayle | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Local real estate tax exemption and deferral programs. Authorizes localities to establish a sliding scale for the total combined income and net combined financial worth limitations based upon the number of years the qualifying owner resided in the locality and paid real estate taxes.


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