Plain English Breakdown
The official text mentions an automatic repeal but does not state when this occurs in the provided summary.
HB835: Increase in School Tax Exemption for Seniors in Dalton
This law increases the amount of home value that residents aged 70 and older can exclude from their school property taxes in the City of Dalton independent school district.
What This Bill Does
- Increases the homestead exemption for ad valorem taxes used to fund schools in the City of Dalton independent school district.
- Sets the new exemption amount at $150,000.00 of the assessed value of a home.
- Applies only to residents who are 70 years of age or older living within that specific school district.
Who It Names or Affects
- Residents aged 70 years or older who live in the City of Dalton independent school district.
Limits and Unknowns
- The official summary mentions provisions for a referendum and effective dates but does not specify the exact date residents can first claim this new exemption amount.
- The text notes an automatic repeal provision, meaning the law may end at a specific time or under certain conditions.