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A06392 Summary:

BILL NOA06392
 
SAME ASSAME AS S05108
 
SPONSORSeptimo
 
COSPNSRKim, Ramos, Alvarez, Gonzalez-Rojas, Raga, Reyes, Lucas, Stern, Gibbs, Blumencranz, Brabenec, Shimsky, Colton, Seawright, Meeks, Gunther, Epstein, Shrestha, Santabarbara, Bendett, Simpson
 
MLTSPNSR
 
Add §498, 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 65; 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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