PROP TX-SELLING PRICE EXEMPT
Summary
Amends the Property Tax Code. Provides that, if the cumulative amount paid in property taxes by a particular taxpayer for a particular parcel of homestead property equals or exceeds the selling price of that homestead property at the time the property was sold, transferred, or conveyed to the taxpayer, then that property is exempt from taxation until such time as the property is sold, transferred, or conveyed to another taxpayer. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Sep 2015
Committee Review
Floor Vote
Governor
Introduced Sep 9, 2015
Last action Jan 10, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
0
Committee
4
Jan 10, 2017
House · Failed
Session Sine Die
Apr 8, 2016
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 24, 2016
House · Reported by committee
To Property Tax Subcommittee
Feb 4, 2016
House · Referred to committee
Assigned to Revenue & Finance Committee
Sep 18, 2015
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Jack D. Franks
DDemocratic
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