SB 288 — City of Decatur; independent school district ad valorem taxes for educational purposes; homestead exemption; provide
Senate Date Signed by Governor
A BILL to be entitled an Act to provide a homestead exemption from City of Decatur independent school district ad valorem taxes for educational purposes for a period of five years in the amount of $200,000.00 of the assessed value of the homestead for residents of that school district who are between 65 and 69 years of age and whose income does not exceed $62,000.00; to provide a homestead exemption from City of Decatur independent school district ad valorem taxes for educational purposes for a period of five years in the amount of $200,000.00 of the assessed value of the homestead for residents of that school district who are 70 years of age or older regardless of income; to repeal conflicting laws; and for other purposes.
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