Lamar County Commission backs resolution to place senior property tax-exemption on November ballot

The Lamar County Commission on Jan. 27 approved a resolution asking state lawmakers to place a proposed local constitutional amendment on the November ballot that would let qualified taxpayers aged 65 and older freeze the assessed value of their real property at the value in the year prior to their application.

Supporters said the measure is intended to help residents on fixed incomes plan for property-tax costs and to reduce pressure that can force longtime residents to sell their homes. Commissioners stressed the measure would not eliminate property taxes; it would stop further increases in assessed value for qualifying owners unless they make major improvements that increase valuation.

Commissioners said the program would require a one-time application and a minimum residency qualification (five years) before applying. The transcript indicates an effective administrative start date described during the meeting as Oct. 27 to give the revenue commissioner time to implement sign-ups and processing.

The commission approved the resolution by unanimous short roll call; the Chair said the measure will be delivered to State Senator Matt Woods for filing with the legislature. The resolution language attached to the meeting packet describes the local bill as a constitutional amendment to be enacted by the state legislature and then voted on by county electors.

What happens next: If the legislature enacts the local bill and voters approve the amendment in November, eligible homeowners would be able to sign up beginning after the administrative window described by commissioners. Specific administrative details (application forms, implementation rules, fiscal impact estimates) were not given in the meeting and would be set by county and state officials.