Did not become law. It stopped in the Senate's Finance and Revenue Committee on June 26, 2021. The 2021 session has ended.
2021 Regular Session
Senate Bill 769
Provides, for purposes of ad valorem property taxation, frozen assessed value for homestead of individual at least 68 years of age, or person with disability, if homestead and individual would be eligible for homestead property tax deferral program but for fact that homestead is pledged as security for reverse mortgage.
What it does
The synopsis the Legislative Assembly published with the bill.
Provides, for purposes of ad valorem property taxation, frozen assessed value for homestead of individual at least 68 years of age, or person with disability, if homestead and individual would be eligible for homestead property tax deferral program but for fact that homestead is pledged as security for reverse mortgage. Provides that frozen assessed value equals assessed value of homestead for property tax year immediately preceding first property tax year to which valid claim relates. Provides that, after occurrence of certain circumstances, homestead shall be assessed and taxed as other property similarly situated is assessed and taxed. Sunsets program after six years. Maintains frozen assessed value for homesteads granted frozen assessed value before sunset. Takes effect on 91st day following adjournment sine die.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the Senate
Sponsor
Its course
February 18 to June 26, 2021, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action3 actions on 3 days
In the SenateFeb 18 to Jun 26 · stopped128 days
Waiting for a committeeFeb 18 to Feb 224 days
Finance and RevenueFeb 22 to Jun 26 · stopped124 days
Text
Each version as the Legislative Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.
In the Senate Feb 18 – Jun 26
- Feb 18Introduced
- Feb 22Sent to Finance and Revenue
- Jun 26Died when the session ended
All 3 actions, as published
- Feb 18Introduction and first reading. Referred to President's desk.Senate
- Feb 22Referred to Finance and Revenue.Senate
- Jun 26In committee upon adjournment.Senate