Rentz, City of; ad valorem tax; provide homestead exemption

Summary

HB 3 would let the City of Rentz create a homestead exemption that reduces the ad valorem tax owed by qualifying homeowners. It targets property owners in Rentz who use their residence as a primary home, offering them tax relief. The measure did not pass and was lost on reconsideration in the House.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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