Digest: The Act would grant a partial tax exemption for the home of a senior or the senior's surviving spouse. (Flesch Readability Score: 62.8).
Allows a partial exemption of ad valorem property taxes due on the owner-occupied principal dwelling of an individual who is at least 65 years of age and the individual's surviving spouse regardless of age.
Takes effect on the 91st day following adjournment sine die.