Property tax

Summary

The bill allows properties that receive the 4% assessment ratio or any tax exemption to keep that benefit after the owner dies, until the estate is closed, a deed is recorded, or December 31 of the following year—whichever occurs first. It does not apply if the property is rented more than 72 days or changes use, and it only affects tax years beginning after 2025.

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

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