SJR 36 - Ridgeway, Luann
Caps the tax on real property and freezes the property taxes on individuals 62 years old or older
Bill Details
Sponsor
LR Number
4525S.01I
Title
SJR 36
House Handler
N/A
Journal Page
Effective Date
Upon voter approval
Committee
Current Status
Second Read and Referred S Ways and Means and Fiscal Oversight Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SJR 36 - Upon approval of the voters, this constitutional amendment would freeze the property tax levied on residential real estate owned by a person who is sixty-two years old or older beginning with all tax years on or after January 1, 2013.
This amendment would also cap the tax levied on real property at one half of one percent of the market value of the property.
EMILY KALMER