Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 41 extends the property tax "freeze" (tax ceiling) to cover residence homesteads of disabled individuals or those 65 and older for all taxing units—not just school districts. It applies the cap retroactively to the 2025 tax year and adjusts limits when individuals relocate or pass away. Surviving spouses can retain the cap under specific conditions.
Author (1)
Michael Schofield