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Committee approves Representative Schultz's bill to raise homestead tax credit by $75
Summary
A legislative committee approved House Bill 1103 on a voice vote, advancing Representative Schultz's proposal to raise the homestead tax credit by $75; no public testimony was taken. The sponsor said a January DFA report indicated the fund could support the increase and noted the change would bring cumulative increases to $300 per qualifying household.
A legislative committee approved House Bill 1103 on a voice vote this morning, advancing Representative Schultz's proposal to raise the homestead tax credit by $75.
Representative Schultz, the bill's sponsor, told the committee the measure is tied to a resolution the body passed unanimously last week and that a January report from DFA indicated the fund could support a $75 increase. "If you look at that cumulative number, that's $300 per qualifying household and I feel like that's a big win," Schultz said, urging members for a favorable vote.
The sponsor framed the $75 increase as fiscally responsible and noted it would mark the fourth consecutive annual increase. Committee members asked no questions during the brief presentation, and no members of the public came forward to speak for or against the bill.
Following a motion and second, the committee took a voice vote and the chair announced the bill had passed. The transcript records only a voice vote; specific roll-call tallies were not provided.
Representative Schultz thanked the committee after the vote. The meeting concluded shortly thereafter when the chair adjourned the session.
Notes: The transcript identifies the sponsor as Representative Schultz and references a DFA report and a recently passed resolution; the record does not include a committee name, roll-call vote counts, or public testimony.
