Property tax freeze for seniors.

Freezes the property tax liability on a homestead of an individual who is at least 65 years of age and has maintained a qualified interest in the homestead for at least 10 years. Provides that a taxing unit may recover from the state general fund 100% of the amount by which the property tax imposed on the homestead of an individual in the usual manner exceeds the amount of property tax billed for a calendar year to an individual whose property tax liability is frozen under the bill's provisions. Makes an appropriation.