Madison County; senior property tax exemption authorized; constitutional amendment
Third Reading in House of Origin
Summary
The measure proposes a constitutional amendment that would allow qualifying seniors in Madison County to claim a senior property‑tax exemption on their owner‑occupied single‑family residence. The exemption freezes the property’s assessed value at the year before the claim, while other tax rates and exemptions remain unchanged. Voters must approve the amendment for it to take effect.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get real-time alerts when SB 371 changes status, plus AI-powered summaries and stage predictions.
Sign up free