2. SB 1 3rd Reading

Passage; March 25, 2015; Journal Page 583; 26 Yeas, 5 Nays

YCT Yea. This bill increases the Homestead exemption from $15,000 to $25,000 and provides for a reduction on the total amount of property tax that can be collected from an elderly or disabled person. YCT has always opposed the property tax and the method by which it is collected in this state for a long time. It is included in our legislative priorities for repeal or overhaul.