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A01039 Summary:

BILL NOA01039
 
SAME ASSAME AS S00740
 
SPONSORGunther
 
COSPNSRColton, Perry, Cook, Skoufis, Walter, Saladino, Raia, McLaughlin, Montesano, Linares
 
MLTSPNSRBlankenbush, 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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