HJR 16

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
HJR 16 would exempt from ad valorem taxation the total market value of the residence homestead of a person who is 65 years of age or older and has held a homestead exemption for at least 10 years. The exemption would transfer to the surviving spouse if they are 55 or older and continue to occupy the home. It includes protections for pre-existing debt contracts and requires state aid to cover school district revenue losses.
Author (1)
Related Legislation
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