Ad Valorem; homestead exemption; White County school district; educational purposes

A BILL to be entitled an Act to provide a homestead exemption from White County school district ad valorem taxes for educational purposes in the amount of $100,000.00 of the assessed value of the homestead for residents of that school district who are 70 years of age or older and whose income, excluding certain retirement income, does not exceed $25,000.00; to provide for definitions; to specify the terms and conditions of the exemption and the procedures relating thereto; to provide for applicability; to provide for a referendum, effective dates, and automatic repeal; to repeal conflicting laws; and for other purposes.