HB 843, Low Income Tax Deferral

Municipal Impact
Position
Support
GMA Contact
Bill Sponsor

Rep. Betsy Holland
District 54

This bill would allow any municipality that levies a MOST to defer municipal ad valorem taxes on low-income individuals who claim a homestead exemption. The municipality is authorized to establish qualifications and eligibility criteria, including determining income limits. Any municipality that authorizes a tax deferral program may allow the deferral of any amount of municipal ad valorem taxes in excess of a 15 percent increase from the previous year, excluding improvements made to the home. 

Last Updated: 1/10/2022
Subject Area: Taxation
Resources: bill text
BILL STATUS
1/12/2022 - Assigned To House Committee
COMMITTEE
House Ways & Means

Comment on this Bill

HB 843 In The News