Homestead Exemptions

Homestead Exemptions; Provides exceptions to definition of term "change of ownership" for certain homestead assessment limitation; provides person or family unit receiving or claiming benefit of ad valorem tax exemptions or tax credits in another state is not entitled to homestead exemption unless person or family unit demonstrates to property appraiser certain conditions have been met; provides homestead exemption forms prescribed by DOR may include information relating to ad valorem tax exemptions or tax credits in another state.