Assembly debates limits, needs-based options for new senior property-tax exemption
Assembly members discussed a voter-approved extra $150,000 senior exemption, heard it cannot be changed for two years after the initiative, and considered needs-based alternatives or a universal homestead exemption as ways to spread tax burden.
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Assembly members raised questions about last year's voter-approved senior exemption during the FY27 budget presentation, focusing on budget impacts and possible policy responses.
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