Substitute for Raised S.B. No. 447
Session Year 2026
 


AN ACT ESTABLISHING A HOMESTEAD PROPERTY TAX EXEMPTION.

To establish a property tax exemption of fifty thousand dollars of the assessed value of owner-occupied single-family dwellings.

Introduced by:
Planning and Development Committee

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Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 4/23/2026House Calendar Number 500
 4/23/2026Favorable Report, Tabled for the Calendar, House
 4/22/2026Senate Passed as Amended by Senate Amendment Schedule A
 4/22/2026Senate Adopted Senate Amendment Schedule A 4535
 4/14/2026Favorable Report, Tabled for the Calendar, Senate
 4/14/2026No New File by Committee on Finance, Revenue and Bonding
 4/14/2026(LCO)Reported Out of Legislative Commissioners' Office
 4/14/2026(LCO)Filed with Legislative Commissioners' Office
 4/14/2026(FIN)Joint Favorable
 4/8/2026Immediate Transmittal to Committee on Finance, Revenue and Bonding
 3/30/2026(LCO)File Number 231
 3/30/2026Senate Calendar Number 186
 3/30/2026Favorable Report, Tabled for the Calendar, Senate
 3/30/2026(LCO)Reported Out of Legislative Commissioners' Office
 3/23/2026(LCO)Referred to Office of Legislative Research and Office of Fiscal Analysis 03/30/26 12:00 PM
 3/16/2026(LCO)Filed with Legislative Commissioners' Office
 3/13/2026(PD)Joint Favorable Substitute
 3/6/2026Public Hearing 03/11
 3/5/2026Referred to Joint Committee on Planning and Development

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