Proposes a constitutional amendment exempting individuals who are 65 years of age or older from personal property taxation

Summary

The measure adds a new section to Article X that would eliminate state and local taxes on all tangible personal property owned by anyone aged 65 or older. It also lists other tax exemptions and a revenue‑replacement plan for certain business inventory taxes. If adopted, seniors would no longer pay personal property taxes, which could reduce revenue for local governments.

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