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A01039 Summary:

BILL NO    A01039 

SAME AS S00740

SPONSOR    Gunther

COSPNSR    Colton, Perry, Cook, Skoufis, Walter, Saladino, Raia, McLaughlin,
           Montesano, Linares

MLTSPNSR   Blankenbush, Ceretto, Corwin, Hooper, Thiele

Add S497, RPT L

Caps the amount of taxes a senior has to pay on his or her real property at the
amount such individual paid in the year in which he or she turned 70; provides
that the individual claiming the limitation must be the owner of the property
and must reside in the property for at least seventy-five percent of the year.
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