A BILL to be entitled an Act to provide a homestead exemption from City of Decatur independent school district ad valorem taxes for educational purposes for five years in the amount of $200,000.00 of the assessed value of the homestead for residents of that school district who are between 65 and 69 years of age and whose income does not exceed $53,000.00; to provide a homestead exemption from City of Decatur independent school district ad valorem taxes for educational purposes for five years in the amount of $200,000.00 of the assessed value of the homestead for residents of that school district who are 70 years of age or older regardless of income; to repeal conflicting laws; and for other purposes.

Statutes affected:
SB 292 ad: 28-1-14
As introduced LC 47 0760: 48-5-40, 48-5-50.1
As passed Senate: 48-5-40, 48-5-50.1
LC 47 1109S/hss: 48-5-40, 48-5-50.1
SB 292/AP*: 48-5-40, 48-5-50.1
SB292/ AP*: 48-5-40, 48-5-50.1