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S01809 Summary:

BILL NOS01809
 
SAME ASSAME AS A00752
 
SPONSORKENNEDY
 
COSPNSR
 
MLTSPNSR
 
Add §497, 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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