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Committee hears broad homestead-exemption bill; officials flag fiscal and administrative concerns
House Committee on Municipal Government and Housing · January 27, 2026
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Summary
House Bill 7,299 would let any municipality offer a homestead exemption of up to 20% of assessed value and allow municipalities to grant larger exemptions; the committee heard letters of opposition and requests for clarity from fiscal authorities about administrative impacts.
House Bill 7,299 was presented to the committee on Jan. 27 to allow every municipality to offer a homestead tax exemption of up to 20% of assessed value and to permit municipalities to grant greater exemptions beyond that cap.
Chairman Casey said the bill would give…
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