SB 547 — St. Marys, City of; ad valorem taxes; provide for homestead exemption; municipal purposes
Senate Date Vetoed by Governor
A BILL to be entitled an Act to provide for a homestead exemption from City of St. Marys ad valorem taxes for municipal purposes in the amount of $40,000.00 of the assessed value of the homestead for residents of that city who are 65 years of age or older whose income does not exceed $40,000.00; to provide for definitions; to specify the terms and conditions of the exemption and the procedures relating thereto; to provide for the specific repeal of a prior homestead exemption; to provide for applicability; to provide for a referendum, effective dates, and automatic repeal; to repeal conflicting laws; and for other purposes.
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