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Senate hears A1 amendment to one‑time 12% homestead credit increase; amendment adopted and bill laid over
Summary
Sen. Hauschild presented SF 50‑10 and an A1 author's amendment to deliver a one‑time 12% increase to homestead credit refunds payable in 2026 (approx. $100.8 million appropriation). Sponsor framed the bill as targeted relief for homeowners facing rising property costs; the amendment was adopted and the bill was laid over.
Sen. Hauschild presented Senate File 50‑10, a one‑section bill proposing a one‑time 12% increase in the homestead credit refunds payable for taxes in 2026. The sponsor said the measure targets middle‑ and low‑income homeowners facing rising property and household costs and works through the existing refund system.
The bill includes an appropriation provision (about $100.8 million per the sponsor’s summary), preserves appeal rights for taxpayers, and would be payable on property taxes in 2026. The author’s A1 amendment replaces the original language where appropriate; the sponsor walked the committee through the amendment and its three subdivisions (refund percentage, appeals language, and the appropriation and effective date). The amendment was adopted in committee.
Committee members asked technical and policy questions about eligibility, the relationship to renter relief enacted earlier, and fiscal estimates. No roll‑call vote was recorded on final passage out of committee; the bill, with the author’s amendment adopted, was laid over for further consideration.
Next steps: technical drafting and fiscal‑office follow up to finalize appropriation language and confirm impacts on refund programs.
