Stonecrest, City of; ad valorem tax; provide homestead exemption

A BILL to be entitled an Act to provide for a homestead exemption for disabled and senior citizen residents from City of Stonecrest ad valorem taxes for municipal purposes in the amount of $14,000.00 of the assessed value of a homestead, provided that the resident's income does not exceed $15,000.00 for the preceding year; 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.