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Committee hears SB163, a package of targeted property‑tax relief measures and assessment reforms
Summary
Senate Bill 163 includes multiple property‑tax provisions: expand veteran deduction eligibility, make a county circuit‑breaker option permanent, create an optional first‑time homebuyer credit, limit assessor entry without taxpayer permission during appeals, extend workforce housing tax credits, and request DLGF studies on assessment automation and monthly payment portals.
Senate Bill 163 combines several property‑tax measures and assessment procedural changes. Key provisions include removing assessed‑value limits for totally disabled veterans and an optional county circuit‑breaker credit (permanently making the credit available), creating a county‑option first‑time homebuyer circuit breaker, and extending the…
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