HB 975: Homestead Exemptions for Low-income Seniors
GENERAL BILL by Borrero
Homestead Exemptions for Low-income Seniors; Provides homestead assessment limitation for low-income, long-term resident seniors; requires annual adjustment of limitation; requires property appraiser to serve notice of intent to record tax lien against property; provides such property is subject to certain taxes, penalties, & interest; provides exception from such penalties & interest; provides person must be given specified timeframe to pay taxes, penalties, & interest before lien is filed; revises amount of exemption that may be granted to low-income, long-term resident seniors receiving homestead exemption; provides for homestead exemption equal to assessed value of property for property owned by low-income, long-term resident seniors; requires annual adjustment of just value threshold.
Last Action: 3/14/2022 House - Died in State Affairs Committee
Bill Text: PDF
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Bill History
Date Chamber Action 12/20/2021 House • Filed
1/7/2022 House • Referred to Local Administration & Veterans Affairs Subcommittee
• Referred to Ways & Means Committee
• Referred to State Affairs Committee
• Now in Local Administration & Veterans Affairs Subcommittee
1/11/2022 House • 1st Reading (Original Filed Version)
2/3/2022 House • Added to Local Administration & Veterans Affairs Subcommittee agenda
2/7/2022 House • Favorable by Local Administration & Veterans Affairs Subcommittee
• Reported out of Local Administration & Veterans Affairs Subcommittee
• Now in Ways & Means Committee
2/15/2022 House • Added to Ways & Means Committee agenda
2/17/2022 House • Favorable by Ways & Means Committee
• Reported out of Ways & Means Committee
• Now in State Affairs Committee
3/12/2022 House • Indefinitely postponed and withdrawn from consideration
3/14/2022 House • Died in State Affairs Committee
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HB 975, Original Filed Version (Current Bill Version) Posted 12/20/2021 at 12:03 PM
Bill Text: PDF Analyses: Local Administration and Veterans Affairs Subcommittee (Post-Meeting) 2/7/2022 (pdf)
Ways and Means Committee (Post-Meeting) 2/17/2022 (pdf)
Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 973 Homestead Property Tax Assessment Limitations and Tax Exemptions for Certain Low-income Elderly Persons Borrero Linked Last Action: 3/14/2022 H Died in State Affairs Committee 
S 1280 Homestead Taxes for Persons Age 65 and Older Diaz Similar Last Action: 3/14/2022 S Died in Community Affairs
S 1278 Homestead Property Taxes/Persons Age 65 and Older Diaz Compare Last Action: 3/14/2022 S Died in Community Affairs
Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 193.626 Page 2 (pdf) 196.075 Additional homestead exemption for persons 65 and older. Page 4 (pdf)